Tax pooling to purchase backdated tax

Regulatory impact assessment prepared by Inland Revenue on 31 May 2021 about enabling taxpayers to use tax pooling to satisfy a liability arising from a voluntary disclosure where there is no existing assessment.

The proposal was included in the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill, introduced into Parliament on 8 September 2021 and enacted on 30 March 2022.

Notes:

Published in September 2021 as part of regulatory impact statement pack for the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill.
Added as an individual document on 12 April 2022.

RIA – Tax pooling to purchase backdated tax

pdf - 165.29 KB - 11 pages

Related Bills

Title	Stage
Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill	Enacted

Related Publications

Title	Type	Date
RIS Pack – Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill	Regulatory impact assessment	September 2021