This paper seeks to respond to the Group’s request for more information on Inland Revenue’s property compliance programme. It covers:
· The property compliance programme
· The bright-line test
· Withholding taxes.
· assesses at a high level selected pollutants and resources against the updated environmental tax frameworks from the first environmental paper
· assesses at a high level the fiscal potential of environmental taxes;
This paper expands on the Secretariat’s paper provided to support the Group’s previous discussion on the company tax rate. The paper briefly outlines the theory of company taxation in a small open economy.
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