New legislation to improve the fairness of the tax system and prevent large multinationals from exploiting rules in order to shift their profits offshore has passed another step closer to...
New initiatives to make the tax system fairer and a crackdown on tax dodgers are expected to provide the Government with an extra $726.3 million of revenue over the next...
Revenue Minister Stuart Nash has signalled a law change to clarify GST rules around the sale of assets by non-profit bodies.
The Government is to close a loophole that gives offshore companies an advantage by not requiring them to collect GST on all goods sold to local consumers.
Revenue Minister Stuart Nash is encouraging feedback on a proposal to change the rules around ring-fencing losses on residential properties.
Legislation designed to simplify interactions with the tax system has passed its third reading in Parliament and now awaits Royal Assent.
Support for small businesses through a payroll management subsidy is to continue for a further two years.
Revenue Minister Stuart Nash has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament.
Revenue Minister Stuart Nash has confirmed tax relief measures will be extended to farmers in drought areas.
Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the members being appointed to the Government’s Tax Working Group.