Tax-News.com: New Zealand Tops World Bank's 'Doing Business' 2020
New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world.
Tax-News.com: New Zealand Tops World Bank's 'Doing Business' 2020
New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world.
Tax-News.com: New Zealand Proposing GST Exemption For Crypto-Assets
New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime.
Tax-News.com: New Zealand Adds To Real Property Tax Reform Plans
New Zealand has released a new consultation on proposals to further clarify the deductibility of holding costs (rates, interest, insurance, etc.) where land that is subject to tax on sale is used privately while it is held.
Tax-News.com: NZ Opposition Eyeing Corporate Tax Cut Election Pledge
New Zealand's opposition National Party has released its plans for tax reform, announcing it would review whether to lower the corporate tax rate.
Tax-News.com: New Zealand To Remove Low-Value Consignment Relief
New Zealand is to introduce GST on low-value goods sold by overseas retailers from December 1, 2019.
Tax-News.com: Overseas Suppliers To NZ Urged To Register For GST
New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline.
Tax-News.com: New Zealand To Better Track Taxpayers' Property Transactions
New Zealand's Inland Revenue has announced that those who buy and sell property will be required to provide their IRD number on land transfer documentation, to improve the agency's ability to enforce the tax rules on property speculation.
Tax-News.com: New Zealand Tweaking GST Rule Changes For Offshore Suppliers
New Zealand's Finance and Expenditure Committee has recommended changes to legislation that would introduce a new requirement for offshore suppliers to collect GST on low-value goods supplied to New Zealand-based consumers.
New Zealand reopens some businesses today, PM says 'worst avoided'
New Zealand reported five new Coronavirus cases Monday as the nation got ready to ease the rules on a strict lockdown from midnight. Prime Minister Jacinda Ardern said there hasn't been widespread community transmission of the virus and the country has so far managed to avoid the worst scenarios for an outbreak.
She said it would continue to hunt down the last few cases. From midnight, certain businesses such as construction will be allowed to reopen, but social distancing rules will still apply. Ardern said the nation was opening up the economy, but not people's social lives.
S Korea to reopen schools
South Korea reported only 10 new cases, its 26th straight day below 100 as officials mulled reopening schools amid the slowing caseload. The figures released by the Korea Centers for Disease Control and Prevention on Monday brought the national totals to 10,738 cases and 243 deaths.
At least 1,044 infections have been linked to international arrivals, but such cases have also declined in recent weeks amid tightened border controls.
Prime Minster Chung Sye-kyun during a virus meeting Monday instructed education officials to prepare measures to ensure hygiene and enforce distance between students at schools so the government could announce a timeline for reopening schools no later than early May.
More US states to reopen
In the US, Colorado, Mississippi, Minnesota, Montana and Tennessee are also preparing to reopen economy, Reuters reported. Georgia, Oklahoma, Alaska and South Carolina had already started easing restrictions. "I would stay home if the government encouraged that, but they're not. They're saying, 'Hey, the best thing to do is go back to work, even though it might be risky,'" Royal Rose, 39, owner of a tattoo studio in Greeley, Colorado, told Reuters.
According to reports, the states have started easing lockdown without ensuring measures to trace the asymptomatic cases. Several health experts have warned that a hurry in easing lockdown may lead to a fresh wave of infections. Meanwhile, the White House said the jobless rate would be 16 per cent or higher this month. A record 26.5 million Americans have filed for unemployment since mid-March.
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New Zealand Dollar(NZD)/United Arab Emirates Dirham(AED)
1 New Zealand Dollar = 2.2546 United Arab Emirates Dirham
New Zealand Dollar(NZD)/Netherlands Antillean Guilder(ANG)
1 New Zealand Dollar = 1.1019 Netherlands Antillean Guilder
New Zealand Dollar(NZD)/Argentine Peso(ARS)
1 New Zealand Dollar = 40.8009 Argentine Peso
New Zealand Dollar(NZD)/Australian Dollar(AUD)
1 New Zealand Dollar = 0.9394 Australian Dollar
New Zealand Dollar(NZD)/Bangladeshi Taka(BDT)
1 New Zealand Dollar = 52.1695 Bangladeshi Taka
New Zealand Dollar(NZD)/Bulgarian Lev(BGN)
1 New Zealand Dollar = 1.1082 Bulgarian Lev
New Zealand Dollar(NZD)/Bahraini Dinar(BHD)
1 New Zealand Dollar = 0.2321 Bahraini Dinar