Tax Legislation Passed To Support Growth

Tax Legislation Passed To Support Growth

The Taxation (Annual Rates 24-25, Emergency Response, and Remedial Measures) Bill which passed third reading today, will support businesses setting up or looking to grow, who need access to capital and need a pool of talented people.

Icelandic high-tech company CRI, which produces methanol from carbon dioxide and hydrogen, is currently working to raise a total of up to fifty million US dollars from investors to strengthen its financial position and lay the foundation for further growth of the company. Due to market conditions, methanol projects that have been in development continue to be delayed, while CRI's revenues decreased somewhat last year and operating losses increas…

Tax legislation passed to support growth

The House has today passed legislation which contributes to the Government’s focus on driving growth and providing the environment which allows businesses to thrive, Revenue Minister Simon Watts says. “The Taxation (Annual Rates 24-25, Emergency Response, and Remedial Measures) Bill which passed third reading today,  will support businesses setting up or looking to grow, who need access to capital and need a pool of talented people.  “Start-ups …