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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

FATCA tax information sharing to cost NZ taxpayer $12m plus

Rob Hosking
Thu, 10 Jul 2014

Collecting tax for the United States will cost the New Zealand taxpayer nearly $12 million over the next five years.

The Foreign Account Tax Compliance Act (FATCA) rules took effect from July 1 and mean countries that do business with the US, in effect, have to sign up to supplying

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Rob Hosking
Thu, 10 Jul 2014
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FATCA tax information sharing to cost NZ taxpayer $12m plus
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