AUSTRALIAN TAX TREATIES

New Zealand Convention  

CONVENTION BETWEEN AUSTRALIA AND NEW ZEALAND FOR THE AVOIDANCE OF DOUBLE TAXATION WITH RESPECT TO TAXES ON INCOME AND FRINGE BENEFITS AND THE PREVENTION OF FISCAL EVASION  

CHAPTER I - SCOPE OF THE CONVENTION  

ARTICLE 2   Taxes Covered  

1.  
The taxes to which this Convention shall apply are:


a) in the case of Australia:


(i) the income tax, including the resource rent tax in respect of offshore projects relating to exploration for or exploitation of petroleum resources; and

(ii) the fringe benefits tax
imposed under the federal law of Australia
(hereinafter referred to as " Australian tax " );


b) in the case of New Zealand:
the income tax, including the fringe benefit tax
(hereinafter referred to as " New Zealand tax " ).

2.  
The Convention shall apply also to any identical or substantially similar taxes that are imposed under the federal laws of Australia or the laws of New Zealand after the date of signature of the Convention in addition to, or in place of, the taxes listed in paragraph 1. The competent authorities of the Contracting States shall notify each other of any significant changes that have been made in the laws of their respective States relating to the taxes to which the Convention applies within a reasonable period of time after those changes.




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