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Inland Revenue

Tax Policy

Definition of other contributions – removal of section 101D(5)(a)

Submission

(62 – Minter Ellison Rudd Watts)

Section 101D(5)(a) of the KiwiSaver Act should be removed from the definition of “other contributions”.

Comment

Officials do not consider there are any problems caused by the current drafting, and so no changes are necessary.

Recommendation

That the submission be declined.