New thin capitalization rules in New Zealand for foreign-owned banks

Journal
Maples, A.J.
Bulletin for International Taxation 2005 (Volume 59), No. 11
PriceUSD 45

In June 2005, New Zealand introduced a new thin capitalization regime that focuses specifically on foreign-owned banks operating in New Zealand. This article examines the new regime, the background to its introduction, and the impact of the new rules on the banking sector.