Businesses
Find out more about changes to the company tax rate, provisional tax, tax rules for foreign multinationals and capital contributions.
Company tax rate change
The company tax rate is changing from 30% to 28% from the 2011-12 income year. Find out more about the company tax rate changes.
Provisional tax
Provisional tax will be reduced for companies who pay provisional tax on the earlier year basis (for example, using the uplift basis) from the beginning of the 2011-12 income year. Find out more about the provisional tax changes.
Tax rules for foreign multinationals
Changes to the thin capitalisation (thin cap) tax rules will limit the scope of foreign multinationals to reduce the amount of New Zealand tax they pay by over-allocating debt to their New Zealand operations. Find out more about tax rules for foreign multinationals.
Capital contributions
This is a payment made by a customer towards the cost of an asset for a business. Find out more about capital contributions.
Prescribed investor rate (PIR) change process for PIEs
The change to investors' PIR on 1 October 2010 means PIEs must make tax calculations on attributed PIE income at two rates for the year. Find out more about the options and how to implement the rate changes.
Date published: 05 Jul 2010
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