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

Determination for NZX Milk Price Futures Contracts issued

10 March 2020

Inland Revenue officials have released determination G31 – NZX Milk Price Futures Contracts: an expected value approach.

The determination clarifies and simplifies the tax treatment of these contracts, and will apply to all transactions entered into on or after 1 April 2020.

For more information see the determination.