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New Zealand's Inland Revenue (IR) has released an updated 2024 Multinational Enterprise Compliance Focus, aiming to enhance tax compliance among multinationals. This is the first revision since 2019 and it includes a strategy that emphasizes prevention, identifies high-risk areas, and uses analytics for improved compliance. Key areas for focus include BEPS risks and tax governance, with MNEs contributing positively to national revenues.
Julian Parsons | Nov, 16 2024 Read More