Treasury releases draft miscellaneous tax and super amendments – ‘arms-length rules’, TOFA, Debt-Equity, Part IVC, TASA, segregated pension assets, SGC minima, early release NZ residents, super accounts in time to be audited

On 21 October 2020, Treasury has released exposure draft legislation and regulations proposing minor and technical amendments to certain tax, superannuation and corporations laws. The formal purpose of the amendments is “to ensure the law operates as intended by correcting technical or drafting defects, removing anomalies and addressing unintended outcomes”. See below for further details.…