Binding Rulings
Are you looking for certainty when taking a tax position?
Obtaining binding rulings can provide certainty and clarity on complex tax issues. Covisory assists businesses in securing binding rulings from the Inland Revenue to ensure compliance and strategic tax planning.
- Expert Assistance: Get expert help in obtaining binding rulings. Our team provides comprehensive support to help you navigate the process of obtaining binding rulings.
- Strategic Guidance: Use binding rulings to inform your tax strategies. We offer strategic advice on leveraging binding rulings to optimise your tax planning.
Obtaining a binding ruling from the Inland Revenue provides you with certainty for your tax position, it does not remove the requirement to file your tax return and pay any taxes owing.
Rulings are frequently used when:
- The law is unclear and there could be multiple interpretations;
- There is new legislation that applies to the transaction
- The transaction is novel, sensitive or controversial;
- The arrangement is a complex financing transaction
We would welcome your call or please email us to discuss how Covisory can assist you with your New Zealand Tax questions
