Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category :
Languages : en
Pages : 70

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Author:
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 70

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Book Description

Author: John Prebble QC
Publisher:
ISBN:
Category :
Languages : en
Pages : 122

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Book Description
This document is the first part of the report on the introduction of international tax measures by the Consultative Committee on Full Imputation and International Tax Reform. The report sets out the major building blocks of the regime recommended by the committee following its review of the regime contained in the Consultative Document and the many public submissions received. The major recommendation is that the branch-equivalent method of taxation should apply in respect of New Zealand residents' interests in foreign companies only where there is control. Where there is not control, the comparative value method of taxation should apply, but only to a limited range of investments (foreign investment funds). To streamline the operation of the branch equivalent method and reduce compliance costs, an exemption is recommended for taxpayers having interests in entities that are in designated countries and that do not benefit from significant tax preferences. Transitional arrangements are also recommended.

Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages :

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Book Description

Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 192

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Book Description

Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category : Investments, Foreign
Languages : en
Pages :

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Book Description

Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 296

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Book Description

Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 112

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Book Description

Author: John Prebble QC
Publisher:
ISBN:
Category :
Languages : en
Pages : 217

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Book Description
This document is the final report of the Consultative Committee on Full Imputation and International Tax Reform. This final report outlines the Committee's recommendations on the outstanding issues relating to both sets of reforms. It explains the policy behind draft legislation produced by the Committee. Chapters 2, 3 and 4 outline the Committee's recommendations on the remaining details of the branch-equivalent regime to apply to certain controlled foreign companies. Chapter 5 discusses the outstanding issues relating to the foreign investment fund regime. Trusts are dealt with in chapter 6, while disclosure and default provisions are the subject of chapter 7. Transitional issues relating to the international reforms are considered in chapter 8. Chapter 9 outlines the Committee's views on the remaining issues concerning the imputation and withholding payment regimes. Consequential and related changes to other aspects of the existing tax law are dealt with in chapter 10. Chapter 11 draws together all of the recommendation of the previous chapters and concedes.

Author: Joann M. Weiner
Publisher:
ISBN: 9789279038389
Category : Taxation
Languages : en
Pages : 21

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Book Description