Introduced on April 6. Omnibus tax bill which continues to update administration of tax law and IRD. This includes measures relating to employment and investment income information, the electronic filing threshold for goods and services tax (GST), amendments to the pay as you earn (PAYE) rules, and amendments to penalty and interest rules. The Bill also roposes a number of changes to the collection of investment income information, changes to the taxation of employee share schemes and the tax treatment of oil rig decommissioning. Completed its first reading on a voice vote on May 24 and was sent to the Finance and Expenditure Committee for consideration. Reported back on Feb 20 with a large number of mainly technical amendments. Completed committee stage on March 20. During this the Govt introduced an amendment extending the two year bright line test for taxation on real estate sales to five years. This was strongly opposed by National. Completed third reading on March 27 with National still opposed. Taxation (Annual Rates for 2017-18, Employment and Investment Income, and Remedial Matters) Bill