Consultations listing

An officials' issues paper seeking feedback about whether and how New Zealand should participate in an OECD/G20 tax measure aimed at base erosion and profit shifting by large multinational enterprises. Also known as the GloBE (Global Anti-Base Erosion) rules, the measure would impose a minimum 15% tax on the excess income of multinational enterprises in every country in which they operate. Excess income is income in excess of a routine return on tangible investment and employee costs. The proposal is the main part of the OECD’s Pillar Two stream of work.

An officials' issues paper seeking feedback about whether and how New Zealand should participate in an OECD/G20 tax measure aimed at base erosion and profit shifting by large multinational enterprises. Also known as the GloBE (Global Anti-Base Erosion) rules, the measure would impose a minimum 15% tax on the excess income of multinational enterprises in every country in which they operate. Excess income is income in excess of a routine return on tangible investment and employee costs. The proposal is the main part of the OECD’s Pillar Two stream of work.

The Ministry for the Environment has proposed drafting for these amendments, and we seek your feedback on whether the drafting is clear, and if there are any unintended consequences arising from the drafting.

This statement explains when a person can account for income and expenditure from financial arrangements on a cash basis instead of an accrual basis. It also sets out the adjustment that must usually be made when a person ceases to be a cash basis person and must account for their financial arrangements using the accrual basis. It is a re-consultation.

This statement clarifies the operation of s CW 18 of the Income Tax Act 2007, which provides for an income tax exemption for certain allowances for additional transport costs.

The Government is reforming our adoption laws. The Ministry of Justice is holding a second round of engagement between June and August 2022 to seek people’s views on the options for reform. Your thoughts and ideas will play an important part in helping to get our adoption laws right – please share them with us.

This draft standard practice statement sets out the rights and responsibilities of both a taxpayer and the Commissioner when either party commences a dispute of an assessment, adjustment to an assessment or other disputable decision.