Bob Buckle tagged posts

Government Groups Calling for Tax Overhaul

December 2, 2009 New Zealand FinanceNew Zealand Taxation

Flat Stanley comes to the BeehiveWithin days of the 2025 Taskforce releasing their report to the New Zealand Government and the Tax Working Group’s conference, intense debate has arisen around the changes that need to be made in New Zealand’s taxation system, bringing into question set goals and the methods behind them.

Amid a global financial crisis and worldwide climate of tax changes, the New Zealand Government has created two research groups with the common goal of improving the country’s financial standing. The 2025 Taskforce was charged with forming a framework proposal to close the income gap between Australia and New Zealand. It’s report was released on November 30th.

The Tax Working Group was instate to address New Zealand’s key medium-term taxation challenges...

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