Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Twenty years on – GST reaches a major milestone

Twenty years on – GST reaches a major milestone

Twenty years after the Goods & Services Tax revolutionised New Zealand’s taxation system, the controversial tax will be the subject of a major conference at Victoria University.

Early bird registrations for next month’s Twenty Years of GST: the Best Path Forward (Nov 16-18) will close on Saturday October 20 and could save individual attendees up to 20 percent.

Head of the School of Accounting & Commercial Law, Professor Keitha Dunstan, said the conference would bring together some of the key players involved in the introduction of GST.

“New Zealand’s introduction of GST was controversial at the time but now seems to be well accepted. While many other countries with value-added taxes have a host of confusing exemptions and differing rates for different products, New Zealand’s decision to stick to a ‘one rate, no exemptions’, while politically risky, is now seen a wise move.”

Professor Dunstan said the conference would be addressed by Sir Roger Douglas, the New Zealand Minister of Finance who introduced GST in October 1986, and almost 30 other international experts, as they review New Zealand’s experience.

“As global initiatives to reduce trade tariffs force countries to consider new forms of revenue raising, value added tax has emerged as one of the most important tax and revenue issues facing the world today.”

Conference speakers will consider its political, legal, administrative and social implications, especially in the Asia-Pacific region.

Cross border services, real property issues, revenue and business risk, the interpretation of GST law, economic integration in the Asia-Pacific and GST/VAT, and the future of the GST/VAT will all be discussed.

Organised by the Centre for Accounting & Governance & Taxation Research at Victoria University, in collaboration with the Taxation Law & Policy Research Institute at Melbourne’s Monash University, the conference is part of a larger, five-part GST Project. The GST Project includes the publication of a book on New Zealand’s GST experience and current GST/VAT issues, using material from conference presentations.

To register, and for more information including a full list of the 26 speakers and 12 commentators, please visit http://www.vuw.ac.nz/sacl/about/gst2006/index.aspx


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>


BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>


Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>


Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>


State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>


Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>





Featured InfoPages