This article explores the tax compliance costs — those costs incurred by taxpayers or third parties, such as businesses, in meeting the requirements laid upon them in complying with a given structure and level of tax — that New Zealand could expect to encounter if a capital gains tax (CGT)...

The principal purpose of this chapter is to examine and evaluate the recommendations of the Henry Review as they relate to the simplification of the Australian tax system and its component parts. A subsidiary aim is to consider the Government’s initial response to the recommendations contained...

The main purpose of this paper is to present a preliminary evaluation of the simplification impacts of the TVM. By its nature the paper can only be a work in progress. It is a scoping paper. It is largely based on intuition and plausible theoretical speculation (together with the authors’...

The tax system in any one country is, as Sandford (2000, p. 3) reminds us, the product of an eclectic and sometimes even fortuitous amalgam of factors. “Historical circumstance, constitutions and legislative procedures, customs and cultures, lethargy and the costs of change, the effects of...

Like the rest of the developed world, Australasian tax reforms in the past 30 years have exhibited many efficiency-enhancing features: lower income tax rates, tax base broadening, a change in tax mix towards indirect taxation, and increased neutrality and uniformity in tax structures. In New...

This chapter explores the Delphi technique, which is “a qualitative method for obtaining consensus among a group of experts” (Lewis-Beck et al, 2010). It usually seeks to obtain this consensus through “repeated iterations (usually by email) of anonymized opinions and of proposed compromise...

The focus of this article is on the burden imposed by all aspects of compliance with tax obligations in New Zealand. It explores the levels of research into tax compliance costs undertaken in New Zealand and the outcomes of that research, and compares this data with comparable international...

Justice Edmonds has been involved in a large number of cases which directly or indirectly involve the provisions dealing with the taxation of capital gains in Australia. It is argued that his Honour’s contribution in these cases has been considerable and significant. Above all, his judgments...

It has long been accepted that taxing consumption, property and labour can be much more efficient than taxing more mobile factors such as capital. As a result, revenue authorities have increasingly built significant parts of their tax systems upon such tax bases, and often tended to downplay the...

The manner in which capital gains are taxed in Australia (and in other countries) has undergone fundamental reform in recent years. A "new" Capital Gains Tax ("CGT") regime based on the identification of (currently) 39 CGT events was legislated in Australia with effect from 1 July 1998. In...