On 6 August 2012, the Minister of Revenue released a Supplementary Order Paper (SOP) to be added to the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill.
The SOP deals with remedial items concerning the international tax reforms and taxation issues related to the Christchurch earthquake. The main items addressed are:
International tax measures
| - | improving the matching of the attributed income of a controlled foreign company (CFC) with the … |