Legislation in July 08 bill enacted

Legislation introduced in the Taxation (International Taxation, Life Insurance, and Remedial Matters) Bill has been enacted. The bill, introduced in July 2008, passed its final stages in Parliament last month and received Royal assent today. The resulting 634-page Act is published here.

Special reports on several of the newly enacted reforms will also be published here over the next few days, as early information for interested parties. Full coverage of the contents of the new legislation will appear in a Tax Information Bulletin to be published later this year.