The Government has released an updated tax policy work programme for the next 12 months.
The programme was first released in March 2015. The update takes into consideration recent developments and progress on the projects announced in March 2015.
The revised priorities continue work within the following broad categories:
- Improvements and enhancements to tax policy within New Zealand's broad-base, low-rate framework.
- International tax and base erosion and profit shifting (BEPS).
- Inland Revenue's Business Transformation Programme.
- The Better Public Services initiative.