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New Zealand Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Bill

|Proposed Changes|New Zealand
New Zealand

On 26 February 2015, New Zealand introduced intro parliament the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Bill. The main measures cover R&D expenditures, GST for bodies corporate and CFC rules, and are summarized as follows:

“Cash Out” for Research And Development Tax Losses

The bill proposes to allow loss-making research and development start-u…

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