Proposals include:
- Introducing a new thin capitalisation rule to better accommodate qualifying foreign investment in New Zealand infrastructure.
- Introducing a legislative discretion for the Commissioner of Inland Revenue to provide some relief from interest that applies to a student loan when a borrower is overseas based.
- Extending the time to use tax pooling to satisfy income tax debt for the 2022–23 and 2023–24 income years, subject to eligibility criteria.
- Allowing the New Zealand Superannuation Fund and related entities to pay income tax annually, aligning treatment with similar investment vehicles.