New Zealand has a formalised Generic Tax Policy Process (GTPP) which contains opportunities for public engagement throughout the different phases of the policy process. We consider that the GTPP plays an important role in creating and sustaining a
The purpose of this note is to provide an assessment of the impacts of a general reduction in the rate of GST, and a reduction in the rate of GST for necessities only.
This paper responds to the Group’s request for information about the incidence of exceptions for GST In particular, the Group requested information on whether the benefit of a GST exception (for example for food and drink) would be fully passed through
This paper responds to questions that the Group has asked about trusts. It seeks direction on what material, and conclusions, in relation to trusts that the Group would like to include in the Interim Report.
This paper follows on from the papers Dividend Avoidance and Closely-held Companies that were discussed by the Group in Session 6. Those papers highlighted the pressures on the taxation of closely-held companies due to inconsistencies in treatment