National's first tax priority: passing Labour's legislation

Raising the trust tax rate will discourage individual share investments, says the NZ Shareholders Association's Oliver Mander. (Image: supplied)

Pattrick Smellie

Tue, 30 Jan 2024

When the new government said it would hit the ground running, who would have thought the very first select committee hearings of 2024 would focus on urgently passing tax reforms announced by Grant Robertson?Yet, so it is.The unpromisingly named Taxation (Annual Returns for 2023-24, Multinational Tax, and Remedial Matters) Bill is first out of the blocks for select committee attention this year.A veritable who’s who of the accounting, legal and investment community is scheduled to make submissions that will last most of Wednesday this...

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