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New Zealand : government to close loopholes for portfolio investment entities.

Publication date: 17 Sep 07 | Source: TAX NOTES INTERNATIONAL

Issue: Vol 47 No 12 2007

Pages: p.1056-

Abstract:
The New Zealand government says it will close loopholes in the tax rules regarding portfolio investment entities to prevent their use by landowning companies seeking tax advantages for their shareholders, according to a September 5 announcement by the ministers of finance and revenue.

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Author profile

Prof Adrian Sawyer
Adrian is Professor of Taxation in the Department of Accounting and Information Systems at the University of Canterbury, Christchurch NZ. - Current at 01 March 2015
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