Regulatory impact assessment
Published 14 September 2011

RIS Pack – Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill

Regulatory impact statements for the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill. September 2011.

These cover:

  1. Simplifying filing requirements for individuals and record-keeping requirements for businesses
  2. Tax treatment of profit distribution plans
  3. Making KiwiSaver more cost effective (published in May 2011 as part of the Taxation (Annual Rates and Budget Measures) Bill - RIS 1 - KiwiSaver)
  4. Tax minimum equity rules for foreign-owned banks
  5. Non-resident film renters’ tax
  6. Extending eligibility for the in-work tax credit to certain shareholder-employees
  7. Liquidators and receivers changing GST accounting basis
  8. GST and late payment fees.