Double Taxation Relief (United States of America) Amendment Order 2009

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order, which comes into force on the 28th day after the date of its notification in the Gazette, amends the Double Taxation Relief (United States of America) Order 1983 (the principal order) by adding a protocol agreed by the Governments of New Zealand and the United States of America on 1 December 2008.

The protocol amends the Convention between New Zealand and the United States of America for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, which was given effect by the principal order.

The protocol is set out in new Schedule 2 of the principal order and comes into force on the date referred to in Article XVI of the protocol.

This order also adjusts the wording of clause 2 of the principal order to reflect the fact that the Convention has effect in accordance with section BH 1(4) of the Income Tax Act 2007.