News

Complex anti-avoidance measures likely

Wednesday 2nd of February 2000
Treasurer Michael Cullen's promise to introduce a range of measures to minimise tax avoidance and to buttress the new 39 cent tax rate on incomes above $60,000 appear not to be hollow threats.

Good Returns understands the Inland Revenue Department is developing a set of measures, which although complex, are likely to discourage tax minimisation schemes.

"Our main focus is on p...

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