Infrastructure tax breaks top wishlist for Corporate Taxpayers Group

Infrastructure tax breaks top wishlist for Corporate Taxpayers Group
Offshore wind needs offshore investment and favourable tax rules, according to the Corporate Taxpayers Group. (Image: Getty)
Garth Bray
A targeted tax break for infrastructure projects that meet a national significance test and greater deductibility for non-resident borrowers on infrastructure debt is high on the Budget 2025 wishlist for many of New Zealand's largest corporates.“For these approved projects, investors would pay a concessionary rate of 14% on profits derived from these projects,” reads a proposal obtained by BusinessDesk from the Corporate Taxpayers Group (CTG) to Revenue Minister Simon Watts, Finance Minister Nicola Willis, Infrastructure Ministe...

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