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


An officials’ issues paper, GST – Current issues, seeks feedback on options to improve the way certain GST-related rules work in practice.

Submissions close on 30 October 2015.

An officials’ issues paper, Loss grouping and imputation credits, seeks feedback on the tax consequences of loss grouping and the implications for imputation credits.

Submissions close on 27 October 2015.

An officials’ issues paper, Closely held company taxation issues, seeks public feedback on proposals to strengthen the closely held company tax rules. The main focus of the review is on ensuring that the look through company rules remain fit for purpose.

Submissions close on 16 October 2015.

An officials’ issues paper, Residential land withholding tax, seeks public feedback on proposals for a residential land withholding tax.

The proposed withholding tax is intended to help improve tax compliance among property speculators, and would work in conjunction with the Government’s other property tax compliance measures announced as part of Budget 2015.

Submissions closed on 2 October 2015.

A summary of the Residential land withholding tax issues paper, available at SlideShare.

Alternative formats available for the summary: PDF (3.68 MB), PowerPoint (412 KB).