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Taxation Principles Reporting Bill

Introduced on May 18. The bill proposes a statutory framework for the reporting of tax information based on core taxation principles, intended to increase the availability of information about the operation of the tax system and contribute to an improved understanding of tax policy. First reading on May 18 with National and Act opposed. Referred to the finance and expenditure committee to be reported back by July 20. Reported back on July 27 with minor changes.  Second reading completed on Aug 15 with all parties in favour, but National and Act later recording their opposition in parliamentary journal. Remaining stages completed on Aug 22 with National and Act opposed.

 

Taxation Principles Reporting Bill