Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009
2009 Act relating to GST treatment of tour packages for overseas visitors, tax treaties with Australia, Singapore and USA, superannuation and the veteran pension.
The Taxation (Consequential Rate Alignment and Remedial Matters) Bill was introduced into Parliament on 21 July 2009. It received its first reading on 28 July 2009, its second reading on 19 November 2009 and the third reading on 24 November 2009.
Several changes were made by Supplementary Order Paper (SOP No 93) after the Bill's introduction. They included measures to clarify the GST treatment of facilitation services for tour packages for overseas visitors, and changes to the supplementary dividend rules in the Income Tax Act to allow newly signed tax treaties with Australia, Singapore and the United States to come into force. The SOP also introduced measures to update income tax law to reflect recent changes to portability arrangements for New Zealand superannuation and the veteran's pension.
The resulting Act received Royal assent on 7 December 2009. It amends the Income Tax Act 2007, Income Tax Act 2004, Tax Administration Act 1994, Goods and Services Tax Act 1985 and makes minor changes to other legislation, including the Student Loans Scheme Act 1992.