On 8 August 2016, the New Zealand government submitted to parliament the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Bill. The legislation provides for:

• The implementation of measures introduced in the Budget 2016 to simplify compliance for businesses, especially SMEs ({News-2016-05-31/P/2- previous coverage});
• The implementation of the OECD's Common Reporting Standa…