On 8 November 2016, the New Zealand government released an updated tax policy work programme for 2016-17. The work programme covers three main areas, including:

• Enhancements to tax policy within broad-base, low-rate (BBLR) tax settings;
• International tax and base erosion and profit shifting (BEPS); and
• Business transformation and Better Public Services.

The BEPS related work in particular in…