Loosening the loss continuity rules

Supplementary analysis report prepared by Inland Revenue on 11 February 2021 that explains the policy rationale and development behind the proposal to loosen the loss continuity rules.

The proposal was included in Supplementary Order Paper No 23 to the Taxation (Annual Rates 2020–21, Feasibility Expenditure, and Remedial Matters) Bill, released on 23 March 2021.

Note: Published in March 2021 as part of the regulatory impact assessment pack for Supplementary Order Paper No 23 to the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill. This individual document was added to the website on 11 April 2022.