Trans-Tasman imputation credits issue still has a pulse

Fri, 07 Feb 2014

By Pattrick Smellie Feb. 7 (BusinessDesk) – The Australian government has agreed to make the long-vexed issue of mutually recognising trans-Tasman imputation credits on dividends a topic for review in a forthcoming white paper on tax reform. However, just how big a topic remains to be seen. The decision rated the last paragraph in a pro forma press statement issued by Prime Minister John Key after today’s meeting with his Australian counterpart, Tony Abbott, in Canberra. In the statement, Key “welcomed Australia’s decision to make mutual r...

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