Full Imputation PDF Download

Author: New Zealand. Consultative Committee on Full Imputation and International Tax Reform
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 129

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Book Description

Author: John Prebble QC
Publisher:
ISBN:
Category :
Languages : en
Pages : 138

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Book Description
New Zealand employs a full imputation system for company taxation. That is, to avoid double taxation of corporate profits companies may impute, or pass on proportionately to their shareholders, the benefit of all tax paid at company level. The present document is the report of the Consultative Committee on the imputation proposals outlined in an earlier Government Consultative Document on Full Imputation. The recommendations concern the mechanics of the imputation scheme rather than fundamental design issues. The report includes recommendations on the integration of the imputation, branch-equivalent and withholding payment regimes. The interrelationship between these three schemes is the main area of the overlap between the imputation and international tax reforms.

Author: Consultative Committee on Full Imputation and International Tax Reform
Publisher: The Treasury, New Zealand
ISBN:
Category :
Languages : en
Pages : 224

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Book Description
The final report of the Consultative Committee on Full Imputation and International Tax Reform. Volume 1 contains recommendations on the further detailed measures required for the operation of the imputation and international tax regimes. Volume 2 sets out the draft legislation.

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

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Author: Deborah Russell
Publisher: Bridget Williams Books
ISBN: 0947518614
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
The world has changed a lot in the last thirty years, but New Zealand’s tax system hasn’t. Since the 1980s New Zealand’s taxation policy has remained the same, despite substantial economic and social changes. The system may be familiar, but is it fair? Deborah Russell and Terry Baucher’s lively analysis shows why answers to this question cut to the heart of whether New Zealand can be considered an egalitarian country. Drawing on the latest evidence and using plain language, they explore thorny issues such as the taxation of housing, multinationals and inequality between generations. The remedies proposed in this short book will help change the way New Zealanders think about tax in the twenty-first century.

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: Michael Littlewood
Publisher: Edward Elgar Publishing
ISBN: 1784716022
Category : Law
Languages : en
Pages : 449

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Book Description
Capital gains taxes pose a host of technical and political design problems and yet, while the literature on the theory of capital gains taxation is substantial, little has been published on how governments have addressed these dilemmas. Written by a team of distinguished international experts, Capital Gains Taxation addresses the gap in the literature; it explains how a number of countries tax capital gains and the successes and pitfalls of these methods.

Author: Mark Brabazon
Publisher: Cambridge University Press
ISBN: 1108492258
Category : Law
Languages : en
Pages : 417

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Book Description
This book identifies a set of principles and corresponding tax settings that countries may apply to cross-border income derived by, through, or from a trust and will appeal to international tax practitioners, administrators, policymakers, academics, and students.