New Zealand


  • Service: Tax
  • Type: Business and industry issue
  • Date: 7/06/2012

Contact us

John Cantin

Partner, Tax

+64 4 816 4518


Darshana Elwela

National Tax Director

+64 9 367 5940


Our tax advisory team has the skills and commitment to help you to be competitive and compliant in all areas of business tax.

Taxmail - Tax Bill reported back from Select Committee 

Issue 1, June 2012


The Taxation (Annual Rates, Returns Filing and Remedial Matters) Bill (the “Bill”), introduced in September 2011, has been reported back from the Finance and Expenditure Select Committee (the “FEC”). Overall, the FEC has recommended a number of useful clarification and amendments to the Bill as introduced.

Perhaps the most telling comment is the FEC’s concern about the pressure on IRD’s ageing computer systems, with a number of recommendations to defer initiatives to allow IRD to cope.


We are particularly concerned that this has potential to constrain future tax policy development and effective delivery of operational change. This, therefore, needs to be a priority focus for the Department.


If you have any questions on the above, please speak to your usual KPMG advisor, or contact John Cantin.

Taxmail - Comment on topical tax issues from KPMG NZ Tax. 
Share this

Sign up now

Subscribe to selected content and receive email alerts when new content is available for viewing on this site.


Already a member? Login


Not a member? Register

NZ Budget 2012

We'll be providing fast expert commentary and insights on the 2012 Budget. Bookmark this site for New Zealand Budget updates.