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- verb Present participle of
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When it comes to recategorising incomes resulting from independent activities - such as royalties derived from copyright assignment - as salary incomes, it is not clearly stated who will pay the social contributions corresponding to those incomes and to what extent.
That, as I understand it, should not be viewed as a back door way of recategorising truckloads of assets to make them look a lot more attractive than they otherwise would.
"What Cabinet will be looking for is something where the Crown encourages new activity rather than recategorising current investment and that will be [the working group's] challenge
Stuff.co.nz - Stuff 2009