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Inland Revenue
Inland Revenue
Inland Revenue

Tax Policy

Information release
Published 23 July 2020

Cabinet paper LEG-20-SUB-0028: Taxation (Use of Money Interest Rates Setting Process) Amendment Regulation 2020

Information release for the Taxation (Use of Money Interest Rates Setting Process) Amendment Regulation 2020. The regulation sets a zero percent floor for the Commissioner’s use of money interest paying rate.

Documents in this information release
  1. LEG-20-SUB-0028 – Cabinet paper: Taxation (Use of Money Interest Rates Setting Process) Amendment Regulation 2020 (3 March 2020)
  2. LEG-20-MIN-0028 – Minute: Taxation (Use of Money Interest Rates Setting Process) Amendment Regulation 2020 (3 March 2020)
Additional information

The Cabinet paper was considered by the Cabinet Legislation Committee on 3 March 2020 and confirmed by Cabinet on 9 March 2020.

One attachment to the Cabinet paper is not included in this information release as it is publicly available: