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