Sharing information to combat global tax evasion

It’s important everyone pays the right amount of tax. That’s why the New Zealand Government has signed up to the Automatic Exchange of Information (AEOI) - an international initiative to combat global tax evasion.

We’re one of 100 countries who’ve committed to share information about foreign tax residents with financial accounts in New Zealand. In return, we will receive information about New Zealanders with overseas financial accounts.

This means from 1 July 2017 your financial institution may ask you about your tax residency.

Visit the OECD’s website to learn how tax administrations across the globe are working together to combat tax evasion through AEOI