Design of the interest limitation rule and additional bright-line rules – discussion document

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Inland Revenue

NZBA acknowledges IR’s significant work preparing the Discussion Document, particularly given the limited time since the Government’s housing policy announcement in March 2021. We appreciate IR’s proactive stakeholder engagement and are pleased to see the Discussion Document released for consultation in a timely manner. Our members require time to implement any changes that the new legislation requires. For that reason, our submission requests that draft and final legislation implementing this policy be made available as early as possible.

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