Ministry of Foreign Affairs & Trade | 55 Molesworth Street, Private Bag 18 901, Wellington 6160, New Zealand
Ph +64 4 439 8000, | Email:info@mfat.govt.nz
United Nations Framework Convention on International Tax Cooperation
Treaty Type:
Multilateral
Common Name:
UN Framework Convention on International Tax Cooperation
Responsible Department:
Inland Revenue
Administering Department:
Inland Revenue
Treaty Summary:
The United Nations Framework Convention is a proposed new legal instrument aimed at improving global tax cooperation. The intention of this Convention is to drive the international tax framework to be more inclusive and effective. The Convention will be supported by Protocols. The two Protocols currently being developed concern the taxation of services and dispute prevention and resolution.
NZ Adherence Status:
In Progress
Negotiation Status:
Negotiations began in 2025 and are intended to be completed in 2027.
Organisation:
United Nations
Is Signed By NZ:
No
Signature Date:
Ratified or Signed:
No
Requires Ratification:
No
NZ Territorial Applications:
None
Information about required Legislation:
An Order in Council, made under section BH 1 of the Income Tax Act 2007, will be required to give effect to the Agreement under New Zealand law.
Impacts on Maori:
The Convention would affect taxpayers generally in respect of cross-border activity and investment. No disproportionate impact anticipated for Māori interests.
Impacts on Stakeholders:
This Convention is intended to improve global tax cooperation. However, decisions will be taken by majority voting and it will lack consensus. Given this, we have doubts about its effectiveness.
Link To Legislation:
Treaty Text Link:
Contact Information:
If you would like more information about this Treaty please contact us using our contact form.