What the official record says
This Act is the Taxation (Neutralising Base Erosion and Profit Shifting) Act . This Act comes into force on 1 July 2018, except as provided in this section. come into force on 1 April 2008. come into force on the day on which this Act receives the Royal assent. This Part amends the Income Tax Act 2007. In section BH 1(4), words before paragraph (a), replace with (Interest paid by non-resident companies to non-residents) . In section BH 1(4), words before paragraph (a), replace with (which relate to tax avoidance) or . applies for a person for the 2008–09 and later income years except for a payment of non-resident passive income made before the date of introduction of the Taxation (Neutralising Base Erosion and Profit Shifting) Bill, for which the person has adopted a tax position that is i