OrbitaxOrbitax

Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Bill introduced into Parliament

|Proposed Changes|New Zealand
New Zealand

On 22 November 2013, the Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Bill was introduced into Parliament. The Bill includes the following reforms:

Thin capitalization

The Bill proposes changes to the thin capitalization rules by:

-   extending the rules to appl…

Continue Reading