Public 2012 No 34
Issued
2012

Taxation (International Investment and Remedial Matters) Act 2012

Taxation (International Investment and Remedial Matters) Act 2012 amends the Income Tax Act 2007, Tax Administration Act 1994 and Stamp and Cheque Duties Act 1971.

The Taxation (International Investment and Remedial Matters) Bill was introduced into Parliament on 26 October 2010. It received its first reading on 9 November 2010, the second reading on 9 February 2012 and its third reading on 1 May 2012.

At the report-back stage of the Bill the Finance and Expenditure Committee recommended a number of changes to the legislation, including several intended to make the rules easier to apply.

The Taxation (International Investment and Remedial Matters) Act 2012 received Royal assent on 7 May 2012. It amends the Income Tax Act 2007, the Tax Administration Act 1994 and the Stamp and Cheque Duties Act 1971.