New Zealand Inland Revenue has issued a special report on the tax amendments made in the COVID-19 Response (Further Management Measures) Legislation Act (No 2) 2020, which received royal assent (was enacted) on 6 August 2020. The main amendments are summarized as follows:
Remedial amendment to administrative flexibility
This amendment allows the Commissioner of Inland Revenue to shorten a due date or deadline or otherwise modify a time period or timeframe where this is advantageous to ta…