Policy paper

Taxation of corporate debt and derivative contracts amendments to the Disregard Regulations 2004

This Tax Information and Impact Note is about amends the operation of the Disregard Regulations.



The measure amends the operation of the Disregard Regulations. This is to preserve the existing tax treatment for loans treated as permanent-as-equity under previous accounting standards.

This measure supports the Government’s objective of establishing a simpler, more certain and more robust tax system. This measure looks to ease the impact of accountancy changes that become mandatory for many companies from 1 January 2015.

Published 7 August 2014