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New tax agreement between NZ and Canada

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New tax agreement between NZ and Canada

By: Newstalk ZB staff | Latest Political News | Thursday May 3 2012 10:06

 

A new tax agreement's been signed between New Zealand and Canada.

The double tax agreement signed at Parliament today will mean cross border business income will no longer be taxed twice.

It also introduces lower withholding tax rates on dividends and royalties, a move our government says will make it cheaper for businesses to make investments.

Photo: stock.xchng

 

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