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New Zealand Parliament Finance and Expenditure Committee Supports Implementation of Pillar 2 GloBE Rules Starting in 2025

|Proposed Changes|New Zealand
New Zealand

The New Zealand Parliament Finance and Expenditure Committee has issued its final report on the Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill. As previously reported, the bill includes, among other things, measures for the implementation of the OECD's Pillar 2 Global Anti-Base Erosion (GloBE) rules. In its report, the Finance and Expenditure Committee supports the implementation of the rules with some adjustments from the original draft, including with re…

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