Tax Reform, and tax mix

Date
14/06/2016
Issue

The Tax White Paper process may be ended, but the structural tax problems remain.

We encourage governments to pursue structural tax reform - particularly focusing on our outdated tax mix and the problems articulated in the Re:think paper re aging population, our over-reliance on income taxes and under-reliance on taxes on consumption.

Board response

This requires a substantive change to tax policy and is outside the scope of Sounding Board. This idea has been passed to Treasury for their consideration.