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Dunne Introduces New Tax Bill To Parliament

Fuseworks Media
Fuseworks Media
Peter Dunne
Peter Dunne

Wellington, July 21 NZPA - A tax bill introduced to Parliament today will align certain investment tax rates with income tax rates, Revenue Minister Peter Dunne says.

Mr Dunne said the Taxation (Consequential Rate) Bill also had a good deal of catch-up legislation in it that would make downstream changes to tax law that followed on from earlier tax changes.

It would also generally update tax law and provide greater taxpayer certainty.

When it is enacted, the changes will apply from April 1 next year.

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