1. This is a notice, made under section 91AAW(4) of the Tax Administration Act 1994, regarding a determination made by the Commissioner of Inland Revenue under section 91AAW(1) of that Act.
2. Determination CRS 2017/005 was made on 29 June 2017.
3. CRS 2017/005 determines that a financial account held by an employee in a share purchase scheme that is referred to in sections DC 12–DC 15 of the Income Tax Act 2007, as outlined in the scope of the determination, is an excluded account for the purposes of the CRS applied standard and the requirements under Part 11B of the Tax Administration Act 1994.
4. The determination will appear in Inland Revenue’s Tax Information Bulletin, Vol. 29, No. 7, of August 2017 and will also be available on the Inland Revenue website www.ird.govt.nz/technical-tax/determinations.

PATRICK GOGGIN, Group Manager, Investigations and Advice, Inland Revenue.