This paper summarises research work undertaken by Victoria University of Wellington in conjunction with Inland Revenue which estimates the underreporting of income in the self-employed sector in New Zealand.
This paper considers whether a progressive company tax rate (with a lower rate for small companies) would improve the tax system and the business environment and concludes that it would not. On the one hand, a split company tax rate would provide
The paper briefly outlines several potential revenue-negative policy changes for business income taxation that would improve the efficiency of the tax system. Topics include: indexing the tax base for inflation, reinstating building depreciation d
This paper, along with the Secretariat’s paper Dividend avoidance (Appendix 5) discusses the differences in taxation that arise from individuals holding investments in entities rather than directly. Taxpayers who earn income through a clo
This paper comments that New Zealand’s tax rate is relatively high internationally, and discusses the pros and cons of a company tax rate. It concludes that a company tax rate is unlikely to be in New Zealand’s best interests.