TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

EU and New Zealand sign a new cooperation and mutual assistance agreement on customs

The EU and New Zealand have signed an Agreement on Cooperation and Mutual Administrative Assistance in Customs Matters. New Zealand is ranked as the 49th largest trading partner of the EU in 2016 while the EU represented New Zealand’s second largest trading partner after Australia. Total trade in goods amounted to €8.1 bn.

According to the Commission, the agreement will benefit legitimate trade between the two parties by creating a more secure and trade-friendly environment as their customs authorities will exchange more information to ensure the proper application of customs legislation under the Agreement.