Double Tax Agreements (Mutual Administrative Assistance) Order 2013

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, gives effect to the Convention on Mutual Administrative Assistance in Tax Matters, as amended by the 2010 Protocol (the Convention).

The Convention will enter into force for New Zealand on the first day of the month following the expiration of 3 months after New Zealand deposits its instrument of ratification with the Secretary-General of the Organisation for Economic Co-operation and Development (OECD). The date on which the Convention comes into force will be publicised by the Inland Revenue Department.

Once it enters into force, the Convention has effect despite anything to the contrary in the Income Tax Act 2007, any other Inland Revenue Act, the Official Information Act 1982, or the Privacy Act 1993.