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Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill
Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.
The policy proposals in this omnibus bill set the annual rates of income tax for the 2023-24 tax year, aim at improving current settings within a broad-base, low-rate framework, and aim at improving the settings for tax administration, KiwiSaver, and child support rules administered by Inland Revenue.MP in charge
Hon Simon WattsCommittee
Finance and Expenditure
Bill No.255-2
53Parliament
Progress of the Bill
Details
Assented on 27 Mar 2024
Act: Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Act 2024
Royal Assent
The Governor-General formally signs the bill into law.
Bill () [ MB]
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Member(s) in charge: Hon Simon Watts Type of Bill: Government Parliament: 53 Bill no: 255-2 Introduction: 17 May 2023 First reading agreed: 18 May 2023 Referred to: Finance and Expenditure Submissions due: 18 May 2023 Select Committee Report(s): Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill - 10 Mar 2024 Second reading agreed: 19 Mar 2024 Committee of the whole House concluded: 26 Mar 2024 Third reading agreed: 26 Mar 2024 Royal assent: 27 Mar 2024 Act: Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Act 2024