Book Review : Krever and White (Eds), GST in Retrospect and Prospect

The editors of GST in Retrospect and Prospect claim to seek to provide guidance on VAT and GST for future decision making by policymakers, law drafters, tax advisers, businesses, and tax administrators. This book is a result of a symposium held by the Centre for Accounting, Governance and Taxation Research at Victoria University of Wellington and the Taxation Law and Policy Research Institute at Monash University on the 20th anniversary of GST in New Zealand. The book brings together a multi-disciplinary team of 29 experts from eight countries. It provides an excellent summary of New Zealand GST law, and looks at the VAT/GST from an international perspective. Much of its focus is on the impact the New Zealand GST system has had on the other VAT/GST systems around the world. The book essentially looks at the past (part one), the present (parts two to five) and the future for VAT/GST design (parts six to eight)