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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.

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