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New Zealand Issues Special Report on Tax Amendments in COVID-19 Legislation

|Approved Changes|New Zealand
New Zealand

New Zealand Inland Revenue has issued a special report on the tax amendments made in the COVID-19 Response (Further Management Measures) Legislation Act (No 2) 2020, which received royal assent (was enacted) on 6 August 2020. The main amendments are summarized as follows:

Remedial amendment to administrative flexibility

This amendment allows the Commissioner of Inland Revenue to shorten a …

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