Published on 01 Apr 21
by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
This article considers the case for a comprehensive capital gains tax (CGT) in New Zealand and it examines the, arguably, clichéd claim that the introduction of a CGT would constitute ‘political suicide’ for any government that sought to introduce it. The research is by way of a comparative study of the political and economic environment that allowed the introduction of a CGT in three other comparable Commonwealth jurisdictions – the United Kingdom, Canada, and Australia. It is concluded that a CGT for New Zealand is an important tax policy objective and the political costs of introducing it have been overstated.
John is a Senior Lecturer, Tasmanian School of Business and Economics, University of Tasmania, and Adjunct Research Fellow, Griffith Law Futures Centre.
- Current at
20 April 2020
Andrew is an Associate Professor of Taxation Law at the University of Canterbury, New Zealand.
Current at 1 August 2012