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Officials' advice

Appendix 4: Closely-Held Companies: Background Paper for Sessions 6 and 7 of the Tax Working Group

Issue date: 
Monday, 2 July 2018
Version note: 

Prepared by Inland Revenue and the Treasury for the Tax Working Group and dated March 2018.

Other papers from this meeting: Meeting 6: 6 April 2018.

Other papers on this theme: Business.

This paper, along with the Secretariat’s paper Dividend avoidance (Appendix 5) discusses the differences in taxation that arise from individuals holding investments in entities rather than directly.  Taxpayers who earn income through a closely-held company (a company with a small number of shareholders) can potentially avoid or defer tax.  

Last updated: 
Friday, 29 June 2018