The New Zealand Inland Revenue Department has updated the enterprise tax compliance guidelines to adapt to the changes in enterprise business models in the new economic situation. The new guidelines provide detailed explanations on tax treatments in emerging fields such as the digital economy and cross - border e - commerce, clarifying the tax obligations of enterprises in these fields. At the same time, it emphasizes that enterprises should properly keep tax - related records to ensure the accuracy and timeliness of tax returns. This helps enterprises better understand and comply with tax regulations and reduce tax risks.
