21 Jul 08 Board of Taxation's review of legal framework for GST administrationOn 18 July 2008, the Board of Taxation released its issues paper on the Review of the legal framework for the administration of the GST. The Government announced on 11 June 2008 that it had asked the Board of Taxation to undertake a review of the legal framework for the administration of the GST. The focus of the review is to be on streamlining and improving the operation of the GST, reducing compliance costs, and removing anomalies.
The Board proposes to consult widely on the issues raised by the review. The Board will be conducting extensive consultation with stakeholders during August 2008.
The Board has developed the issues paper to facilitate public consultation. The Board welcomes submissions on the issues raised in the issues paper. The closing date for submissions is 15 September 2008.
For a copy of the Board's issues paper, go here
For a copy of the Board's media release, No 20, 18 July 2008, go here