Tax
Bell Gully's tax team is consistently recognised as the market leading legal tax team in New Zealand, delivering general corporate tax advice and tax policy, acting as counsel during tax litigation hearings, and advising on customs & excise matters and trusts, both domestically and for international clients. 
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News & Publications
Friday 10 May 2013
Further reforms to tax treatment of land-related lease payments
The Inland Revenue has proposed further reforms to the tax treatment of payments relating to leases and other interests in land.
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Article posted by Jarrod Walker, Senior Associate and Harry Cundy, Solicitor | Related topics: Tax
Thursday 28 February 2013
OECD Report on Base Erosion and Profit Shifting
On 12 February 2013 the Organisation for Economic Co-operation and Development (the OECD ) published its first report on the perceived problem of domestic tax base erosion and profit shifting by multi-national enterprises.
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Article posted by Graham Murray, Senior Associate and Harry Cundy, Solicitor | Related topics: Tax
Thursday 31 January 2013
Taxation of lease inducement and surrender arrangements – draft legislation before Parliament
In August and September last year we described changes proposed by the Inland Revenue to the taxation of lease inducement and surrender arrangements. Draft legislation containing the proposed reforms was put before Parliament in December.
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Article posted by Jarrod Walker, Senior Associate and Jenny Sullivan, Solicitor | Related topics: Tax
Monday 21 January 2013
Significant reforms proposed to the New Zealand thin capitalisation rules
New Zealand's thin capitalisation rules govern the level of interest deductions available to certain foreign controlled New Zealand companies.
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Article posted by Joanne Hodge, Partner and Jarrod Walker, Senior Associate | Related topics: Tax
Thursday 6 December 2012
The Qantas decision: Forfeited deposits, promises and GST liabilities
A split decision of the High Court in Australia has held that GST was chargeable on non-refundable air fares retained by Qantas when passengers either cancelled their bookings or didn't show for their flights.
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Article posted by Willy Sussman, Partner and Campbell Pentney, Senior Solicitor | Related topics: Tax
Monday 3 December 2012
Proposed reforms to Taxation of foreign superannuation
This article discusses reforms proposed recently by the Government to the taxation of interests held by New Zealand residents in foreign superannuation schemes.
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Article posted by Jarrod Walker, Senior Associate | Related topics: Tax
Monday 26 November 2012
The High Court of Australia's decision in Mills and its relevance to New Zealand tax avoidance law
On 14 November the High Court of Australia handed down its decision in Mills v C of T [2012] HCA 51. The High Court found for the taxpayer, overturning a decision in the Full Federal Court.
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Article posted by Mathew McKay, Partner and Harry Cundy, Solicitor | Related topics: Tax
Thursday 8 November 2012
Issues paper signals overhaul of specified mineral mining tax rules
A Government paper proposes to reform the tax regime for specified mineral mining, with the main change being the introduction of limitations on claiming upfront deductions for mining costs.
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Article posted by Mathew McKay, Partner and Graham Murray, Senior Associate | Related topics: Tax
