Tax risk management : New Zealand

Part of a comparative review aiming to ascertain the current approach to corporate tax risk management in the Asia-Pacific region by providing an overview of the tax risk management practices in selected regional economies - Australia, China, Hong Kong, India, Korea, New Zealand and Singapore. Tax practitioners from leading consultancies in these countries briefly outline the status of the corporate governance in their country as well as the observed attitude to corporate tax risk management. The results show the entire gamut of approaches - from comprehensive and structured appraisal of tax risks before they arise to limiting management of tax risk to post-transactional tax compliance issues.