New protocol to the 1982 New Zealand-United States tax treaty

On 1 December 2008, New Zealand and the United States signed a protocol to the 1982 tax treaty between the two countries. The protocol completely replaces the articles on dividends, interest, royalties, limitation on benefits, non-discrimination and exchange of information. This article discusses these new provisions and the entry into force of the protocol. The article also considers the effect of the protocol on New Zealand's international tax policy and on other treaties.