World Cup Bill Progresses, Tax Bill debated
World Cup Bill Progresses, Tax Bill debated
The Rugby World Cup 2011 Empowering Bill
was reported with amendment.
MPs began the first reading debate on the Taxation (International-Investment-and-Remedial Matters) Bill..
This bill continues the reform of the way
in which the Income Tax Act 2007 applies to gains of New
Zealand residents from income from overseas interests and
gains of foreign residents from interests in New Zealand
companies.