Inland Revenue - Tax policy Tax Policy

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- proposed changes to the laws that Inland Revenue is responsible for
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Cabinet paper DEV-19-SUB-0151: Non-resident oil rig and seismic vessel operators: extension of tax exemption

Description

Information release for extending the current exemption from income tax on the income of non-resident offshore oil rig and seismic vessel operators for a further five years, from 1 January 2020 to 31 December 2024.

Date published 18 July 2019
Documents in this information release
  1. DEV-19-SUB-0151 – Cabinet paper: Extending tax exemption for non-resident offshore oil rig and seismic vessel operators (12 June 2019)
  2. DEV-19-SUB-0151 – Regulatory impact assessment: Extending tax exemption for non-resident oil rig and seismic vessel operators (17 July 2018)
  3. DEV-19-MIN-0151 – Minute: Non-resident oil rig and seismic vessel operators: extension of tax exemption (12 June 2019)
Additional information

The Cabinet paper was considered by the Cabinet Economic Development Committee on 12 June 2019 and confirmed by Cabinet on 17 June 2019.

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