Taxation (Base Maintenance and Miscellaneous Provisions) Act 2005

Policy issues

2005 policy issues including new rules for business environmental expenditure, thin capitalisation rules, tax exemption for petroleum exploration and more.

New Rules for Business Environmental Expenditure
Thin capitalisation rules for banks
Changes to Imputation Credit Rules
Changes to the Tax Depreciation Rules
Death and Asset Transfers
Tax Recovery Provision: Application to Civil Penalties and Interest
Excess Imputation Credits
Resident Withholding Tax and Offshore Unit Trusts
Determination of Residence of Cook Island National Superannuation Fund
Right of non-disclosure for tax advice
Paid Parental Leave - Information exchange between Inland Revenue and The Department of labour
Publication of Tax Offenders' Names
GST and The Fire Service Levy
GST Deregistration for Non-residents