Ministry of Revenue Press Releases

Revenue Minister Peter Dunne has tabled legislation which would entitle up to 310,000 New Zealand families to income share for tax purposes.This family-friendly bill will empower and assist families with one parent working fewer or more flexible hours in order to raise their children.

Across the board tax cuts and a package of other tax changes will strengthen economic growth and help families get ahead here in New Zealand, Finance Minister Bill English and Revenue Minister Peter Dunne say.

Peter Dunne, Revenue Minister for New Zealand says a $2.2 billion settlement agreement with the Banks over a long-running tax avoidance dispute is a victory for legal process in New Zealand and shows that the IRD has the capability to pursue cross-border transactions.