Volume 2

Taxation (International Taxation, Life Insurance, and Remedial Matters) Bill

Officials’ Report to the Finance and Expenditure Committee on Submissions on the Bill

Volume 2

• Reforming the Income Tax Act definitions of "associated persons":
• Relocation and overtime meal allowances
• Payroll giving
• Stapled stock provisions (SOP 224)
• Research & Development
• Portfolio investment entity rules
• Penalties
• KiwiSaver remedial amendments
• Miscellaneous remedials

April 2009

Prepared by the Policy Advice Division of Inland Revenue and the Treasury