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Taxation (KiwiSaver and Company Tax Rate Amendments) Bill

This bill aims to enhance the KiwiSaver scheme by increasing the incentives for a person to join and continue making contributions. The bill also provides for a reduction in the company tax rate from 33% to 30% from the beginning of companies' 2008/09 income years.

Bill Events

Event Date Ayes Noes Abstentions
Royal Assent 21 May 2007
Third Reading 17 May 2007 Bill read a third time. Ayes 60
Labour 49
NZ First 7
United F. 2
Progres. 1
indep. 1 (Copeland,)
Noes 50
National 48
ACT 2
Abstentions 3
Maori 3
Second Reading 17 May 2007 Bill read a second time. Ayes 61
Labour 49
NZ First 7
United F. 2
Progres. 1
indep. 2 (Copeland, Field)
Noes 50
National 48
ACT 2
Abstentions 3
Maori 3
First Reading 17 May 2007 Bill read a first time. Ayes 61
Labour 49
NZ First 7
United F. 2
Progres. 1
indep. 2 (Copeland, Field)
Noes 50
National 48
ACT 2
Abstentions 7
Green 4
Maori 3
In Committee 17 May 2007 Clause 2 as amended agreed to. Ayes 60
Labour 49
NZ First 7
United F. 2
Progres. 1
indep. 1 (Copeland,)
Noes 48
National 48
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Introduction 17 May 2007

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