News Business

Double taxation agreement between Fiji and NZ currently reviewed

Double taxation agreement between Fiji and NZ currently reviewed
The double taxation agreement between Fiji and New Zealand is currently being reviewed, with the commencement of the first round of negotiations between the two countries currently underway. The Fiji delegation is led by FRCS Chief Executive Officer, Udit Singh, accompanied by senior members of FRCS Management.FRCA says the negotiation was formally opened by New Zealand’s Commissioner of Inland Revenue, Peter Mersi, and began with a traditional Māori ceremony underscoring the strong and respectful partnership between the two countries.They say the New Zealand delegation is led by Carmel Peters, Strategic Policy Advisor at NZ IRD.FRCA says the current DTA was first signed on 27 October 1976 and amended in 1986 and 1994 and this comprehensive review, the first since those changes, presents a timely opportunity to modernise the agreement in line with current international tax practices and ensure fair and transparent tax outcomes for both jurisdictions.They say New Zealand remains one of Fiji’s most important economic partners, with strong cooperation in trade, investment, labour mobility, and tourism.FRCA says strengthening tax treaty arrangements plays a vital role in improving investor confidence and supporting sustainable economic growth. This review also reinforces the Fiji–NZ Duavata Partnership, which reflects the shared vision of both nations to deepen collaboration across economic, social, and cultural spheres.FRCS CEO Udit Singh says that Fiji values its strong and longstanding partnership with New Zealand, adding that this review reflects the shared commitment of both countries to ensure a modern and fair tax treaty framework that supports business activity and safeguards the interests of our people.Singh says the Duavata Partnership provides an important foundation for these negotiations, highlighting mutual trust and cooperation as we work towards a future-ready agreement.The discussions conclude on Friday in Wellington.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
LIVE SCORES
Man City vs Aston Villa 3:00AM
Brighton vs Man United 3:00AM
Fulham vs Newcastle 3:00AM
Bula FC 0–1 South Island United Full Time
Bula FC 0–2 Auckland FC Full Time
Bula FC 0–2 South Melbourne FC Full Time
Chiefs vs Crusaders 7:05PM
Brumbies vs Waratahs 9:35PM
Moana Pasifika vs Reds 4:35PM
Raiders vs Dolphins 9:50PM
Bulldogs vs Storm 10:00PM
Dragons vs Warriors 7:30PM
vs
Fiji vs USA 8:00PM
Fiji vs Australia 12:51AM