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 29 April 2019

Parliament information on the Bill

New Zealand Legislation

Enacted as the Taxation (Neutralising Base Erosion and Profit Shifting) Act 2018 on 27 June 2018.

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.