Source: Inland Revenue Department –
News and information about the Government’s tax policy work programme, including:
– proposed changes to the laws that Inland Revenue is responsible for
– updates on the progress of bills through Parliament
– policy announcements
Cabinet paper DEV-19-SUB-0151: Non-resident oil rig and seismic vessel operators: extension of tax exemption
Information release for extending the current exemption from income tax on the income of non-resident offshore oil rig and seismic vessel operators for a further five years, from 1 January 2020 to 31 December 2024.
|Date published||18 July 2019|
|Documents in this information release||
The Cabinet paper was considered by the Cabinet Economic Development Committee on 12 June 2019 and confirmed by Cabinet on 17 June 2019.