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Changes to PIE tax regime
Wednesday 8th of July 2009
Revenue Minister Peter Dunne said that the Government is moving to align resident withholding tax (RWT) rates on interest and PIE rates with the recent changes to personal income tax rates and the 30% company tax rate.
He says the changes take effect from April 2010 and being announced now to give financial institutions as much time as possible to start preparing for them.
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