Bill English says NZ prepared to wait 10 years for mutual recognition of NZ imputation credits and Australian franking credits

By Gareth Vaughan

Finance Minister and Deputy Prime Minister Bill English says the Government's prepared to wait a decade for mutual trans-Tasman recognition of New Zealand imputation credits and Australian franking credits to stop the double-taxing of dividends on trans-Tasman investments.

English was asked at the 12th annual INFINZ conference in Auckland what the Government's position on the mutual recognition of imputation credits was, and what its strategy was.

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