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

BEPS Cabinet paper released

14 December 2016

The Minister of Revenue Michael Woodhouse has released a Cabinet paper providing information on BEPS measures being considered by the Government. These measures would strengthen the transfer pricing and permanent establishment rules to address base erosion and profit shifting (BEPS) strategies used by some multinationals. The Government plans to release a discussion document to consult on this issue in early 2017.