Research Catalog

Title

The Tax System in New Zealand [electronic resource]: An Appraisal and Options for Change / Thomas Dalsgaard

Author

Dalsgaard, Thomas.

Publication

Paris : OECD Publishing, 2001.

Details

Description

79 p.; 21 x 29.7cm.

Summary

New Zealand's tax system is one of the most neutral and efficient in the OECD. Bases are generally broad and rates are moderate. The full imputation system for dividend payments works to reduce tax distortions for corporate financing decisions, while efficiency in corporate investment decisions is encouraged by the low level of targeted tax incentives. The tax system is also more neutral vis-à-vis private saving than in most other countries, in particular because no general incentives are provided to private pension saving. There is hence no immediate need for major tax reform, but several second order issues should be addressed in order to reap the full benefit of an otherwise well-functioning system. The most important improvement would be to broaden the income tax base by including capital gains on a more comprehensive scale as well as introducing a tax on imputed rental income of owner-occupied housing. These two steps would not only reduce horisontal inequities and hence tax ...

Series Statement

OECD Economics Department Working Papers, 1815-1973 ; no.281

Uniform Title

OECD Economics Department Working Papers, no.281.

Subject

• Economics
• New Zealand

LCCN

10.1787/382808014300

OCLC

oecd-lib-004650

Author

Dalsgaard, Thomas.

Title

The Tax System in New Zealand [electronic resource]: An Appraisal and Options for Change / Thomas Dalsgaard

Imprint

Paris : OECD Publishing, 2001.

Series

OECD Economics Department Working Papers, 1815-1973 ; no.281

OECD Economics Department Working Papers, 1815-1973 ; no.281.

Connect to:

http://dx.doi.org/10.1787/382808014300

Indexed Term

Economics

New Zealand

Other Standard Identifier

10.1787/382808014300 doi