The paper discusses the tax rules that apply to Maori authorities. It recommends that the current rate of 17.5% be retained. The paper also briefly outlines an issue relating to the tax treatment of wholly-owned commercial subsidiaries of Māori authorities. The paper recommends that this issue be considered alongside advice from the Secretariat (to be provided later) on competitive neutrality implications of commercial entities being able to access lower rates.
Friday, 29 June 2018