17 Dec 2024
Tax Talk: Are you subject to FIF rules? If so, changes are coming…
New Zealand’s foreign investment fund (FIF) rules have created much angst for Kiwis over the decades...
Commercial buildings: How tax depreciation removal affects you
Do you own commercial or industrial buildings and report under IFRS or PBE standards? Have you considered how the recent removal of tax depreciation deductions on these buildings will affect you?
Time to read: 1 mins
If not, help is at hand. We have prepared an information sheet outlining the key accounting impacts the recent change is likely to have. The removal of tax depreciation could be significant to the deferred tax calculation of some entities, so it is worth thinking about it now and making sure you account for it appropriately.
Click the button below to view the information sheet...