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New Zealand Government reinstates bill introducing Pillar Two rules, following General Election

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New Zealand

  • When the New Zealand Parliament resumed sitting on 6 December, the new Government chose to reinstate a bill that introduces the OECD's GloBE Pillar Two Rules into domestic law.
  • Although the Government has not yet made any amendments to the Bill, amendments are possible in response to public submissions received to date.
  • The bill is likely to progress to enactment by 31 March 2024.

Executive summary

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