It Saves, It Stores, It Insures and never forgets
- We are a New Zealand based online backup solution provider.
- Your data is stored in New Zealand in multiple data centres.
- Your data is safe with us.
- We have the ability to physically move your data directly to and from the data centre when large volumes of data is involved.
Legal requirements from the IRD:
Section 22 of the Tax Administration Act 1994 ("TAA") requires a person who carries on any business or any other activity for the purpose of deriving assessable income in New Zealand, to keep sufficient records in New Zealand, in the English language, to enable the Commissioner to readily ascertain information about their tax affairs. The same requirements for GST records are contained in section 75 of the Goods and Services Tax Act 1985. Similarly, section 32 of the TAA requires that all gift-exempt bodies must keep in New Zealand sufficient records to enable the Commissioner to determine both the sources of donations made to them and the application of their funds.
If taxpayers are using or thinking of using cloud computing services as part of or as their entire IT infrastructure, they must ensure this use meets their record keeping obligations.
This may involve obtaining an assurance from their service provider that their data will only be stored in data centres in New Zealand and that there will be back up and recovery procedures sufficient to guarantee the availability of the records. Without this assurance, taxpayers risk not meeting their record keeping obligations under the Inland Revenue Acts
- quoted from the NZ IRD website
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