Inland Revenue - Tax policy Tax Policy

News and information about the Government's tax policy work programme, including:
- proposed changes to the laws that Inland Revenue is responsible for
- updates on the progress of bills through Parliament
- policy announcements

Taxation (Neutralising Base Erosion and Profit Shifting) Bill

As at 27 June 2018

Parliament information on the Bill

New Zealand Legislation

Stage before Parliament Date
Introduction 6 December 2017
First reading 12 December 2017
Closing date for submissions 8 February 2018 *
Presentation/report back 15 May 2018
Second reading (report back debate) 23 May 2018
Committee of the whole House 21 June 2018
Third reading 26 June 2018
Assent 27 June 2018

* Additional time allowed until 2 March 2018 for submissions on a drafting error. See the news item and the Inland Revenue note on the drafting error.