RIS Pack – Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Bill

Regulatory impact statements for the Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Bill. November 2013.

The regulatory impact statements cover:

1. The tax treatment of payments by employers in respect of employee expenditure, and employer-provided accommodation
2. Improving the effectiveness of the thin capitalisation rules
3. Black hole expenditure items: abandoned research and development, resource consents and company administration costs
4. Legislation to enable compliance with an intergovernmental agreement between the United States and New Zealand
5. New tax rules for deregistered charities
6. Tax treatment of community housing providers
7. Financial arrangements - agreements for the sale and purchase of property or services
8. Taxation of land-related lease payments
9. Review of the substituting debenture rule
10. The withholding tax treatment of inflation-indexed bonds
11. Amendment to the tax treatment of underground gas storage facilities
12. Extending the tax exemption for non-resident oil rig and seismic vessel operators