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Information release

Cross Border Leases and SOEs Information Release

Issue date: 
Monday, 18 April 2005
Status: 
Current
Corporate author: 

On 15 April 2005 the Minister of Finance released a Cabinet Economic Development Committee paper titled "Cross Border Leases and SOEs".

The paper recommends that the Committee note the expectations that shareholding Ministers have regarding SOE proposals to enter into cross border leases, which provide one-off taxable financial gains in New Zealand to the SOE through sharing the tax and other benefits gained by US-registered lease counterparties.

The paper discusses the ownership, tax and international relationship considerations that Ministers analysed when deciding on policy guidelines for SOEs.

 

Document is available in Adobe PDF format only. An HTML version can be supplied on request by Information Services at the Treasury.
Using PDF Files
Last updated: 
Wednesday, 14 November 2007