New Zealand - New Zealand Anti-Hybrid Rules
- New Zealand
- A. Joseph
- Finance and Capital Markets (formerly Derivatives & Financial Instruments), 2020 (Volume 22), No 3
- 16 November 2020
Consistent with the approach by several countries, New Zealand decided to adopt the OECD recommendations in a comprehensive manner with suitable modifications for the New Zealand context. Although the anti-hybrid rules introduced in 2018 are not significantly different from those in operation in Australia, certain rules need to be watched carefully in order to avoid any unexpected adverse consequences.