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New Zealand IRD releases issues paper on related party debt remission

Home Insights New Zealand IRD releases issues paper on related party debt remission

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Contributed by: Chris Harker and James Lester

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Published on: March 26, 2015

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The Inland Revenue and Treasury have released an issues paper concerning proposed legislative changes to the tax consequences of the remission of intra-group debt.

This article outlines the current law and proposed changes, along with implications for non-residents.

Read full article here (external link).

 


This article originally appeared in the April 2015 edition of the International Tax Review.

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