Tax Administration Act 1994

Foreign account information-sharing agreements

185E: Purpose

You could also call this:

"This part of the law helps New Zealand share financial information with other countries."

Illustration for Tax Administration Act 1994

The purpose of this part of the law is to make foreign account information-sharing agreements work. You need to know that some sections of the law, like sections 185F to 185M, have rules about information that is part of the FATCA agreement. Other sections, like sections 185N and 185O, have rules about information that is part of the CRS applied standard.

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This page was last updated on 28 November 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6191601.

185D: Payments into, and out of, Listed PAYE Intermediary Bank Account, or

"Money going into and out of a special bank account for paying taxes"

185F: Permitted choices in relation to FATCA agreement, or

"Choices you can make under the FATCA agreement with another country"

Part 11BForeign account information-sharing agreements

185EPurpose

The purpose of this Part is to give effect to and implement foreign account information-sharing agreements.
Sections 185F to 185M impose requirements on a person relating to information that is the subject of the FATCA agreement.
Sections 185N and 185O impose requirements on a person relating to information that is the subject of the CRS applied standard.
Sections 185P to 185R impose requirements on a person relating to either of the FATCA agreement and the CRS applied standard.

Notes

Section 185E: inserted, on 1 July 2014, by section 182 of the Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Act 2014 (2014 No 39).
Section 185E(2): inserted, on 1 July 2017, by section 20 of the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017 (2017 No 3).
Section 185E(3): inserted, on 1 July 2017, by section 20 of the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017 (2017 No 3).
Section 185E(4): inserted, on 1 July 2017, by section 20 of the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017 (2017 No 3).