New Zealand
A. Progress in the implementation of the minimum standard
New Zealand has 40 tax agreements in force, as reported in its response to the Peer Review questionnaire. Twenty-one of those agreements comply with the minimum standard.
New Zealand signed the MLI in 2017 and deposited its instrument of ratification on the 27 June 2018, listing its non-compliant agreements. The MLI entered into force for New Zealand on 1 October 2018. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
New Zealand has signed a bilateral complying instrument with respect to its agreement with Switzerland.
New Zealand indicated in its response to the Peer Review questionnaire that steps have been taken (other than under the MLI) to implement the minimum standard in its agreements with Austria, Germany and Norway.
New Zealand is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
← 1. For its agreements listed under the MLI, New Zealand is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).