NZ government backs off 'death-sentence' tax

22.05.2006

' The company is listed on a recognized exchange in New Zealand;

' The company is widely held and has a substantial New Zealand

shareholder base;

' The company is not a mutual fund, or investment trust.

'The five-year holiday will give those companies the opportunity to consider shifting their headquarters to New Zealand, which will bring considerable benefits to this country,' Dunne says.