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Inland Revenue

Tax Policy

Regulatory impact assessment
Published 18 July 2019

Extending tax exemption for non-resident oil rig and seismic vessel operators

Regulatory impact assement. 17 July 2018. Published as a separate document on 8 September 2020.

This regulatory impact assessment relates to extending the exemption from income tax on the income of non-resident offshore oil rig and seismic vessel operators for a further five years, from 1 January 2020 to 31 December 2024.

Note: Originally published on 18 July 2019 as part of the information release for Cabinet paper DEV-19-SUB-0151: Non-resident oil rig and seismic vessel operators: extension of tax exemption.