Tax Policy Discussions - Robin Oliver
In this course Sybrand van Schalkwyk spends over an hour discussing important NZ tax policy issues with the internationally renowned tax expert - Robin Oliver.
We discuss a wide range of topics, including whether NZers can expect the 39% tax rate to drop to 33% in the light of the upcoming election next year, whether the Government is collecting too much tax, whether a GST/VAT is really the same as a tariff as is implied by the US tariffs currently being imposed, whether the OECD announcement on working from home creates a permanent establishment, whether the FIF rules are a good idea, and whether the new RAM method is a good solution, among other interesting tax topics.
I have not time stamped this training, but fast forward through the topics as you find them interesting.
We discuss a wide range of topics, including whether NZers can expect the 39% tax rate to drop to 33% in the light of the upcoming election next year, whether the Government is collecting too much tax, whether a GST/VAT is really the same as a tariff as is implied by the US tariffs currently being imposed, whether the OECD announcement on working from home creates a permanent establishment, whether the FIF rules are a good idea, and whether the new RAM method is a good solution, among other interesting tax topics.
I have not time stamped this training, but fast forward through the topics as you find them interesting.
Format
Q&A style
Starting date
Now
Author
Robin Oliver interviewed by Sybrand van Schalkwyk
Video
Around 1 hour and 10 mins
Price
$50
About the course
Robin Oliver is perhaps New Zealand's best known international tax and policy expert. It is a privilege to discuss the issues listed in the above synopsis with him.
I asked Robin the following questions:
Warm up question: Who shot JFK?
I asked Robin the following questions:
Warm up question: Who shot JFK?
General higher level strategic questions:
1. With election year coming up, what do you think are the bribes taxpayers can expect from the Government – could we see the top marginal tax rate and trust rates move down to 33% again? Or do you think the rates should be increased and the based broadened to deal with the aging population?
2. Should the tax system be used to re-distribute income from the rich to the poor?
Specific international tax questions
4. The OECD has just released updated commentary on whether working from home creates a PE. What is your view on the status of this updated commentary and how does it affect our current treaty network. In other words, is it possible for the OECD to update their commentary, which then changes the meaning of all our treaties?
5. What do you think of the New RAM FIF method, and will it satisfy the wealthy US investors who have lobbied to obtain it? Do you think it is time to throw the FIF rules out and move to a dividends taxed and realised capital gains tax system for foreign shares?
6. The NZ/Australia DTA is currently being re-negotiated. Do you know where they are at in the process, and is there anything we should be concerned about that may come in through those negotiations. I understand NZ is planning on including a carve out for Australian temporary residents from the benefit of the DTA. If this is being planned, would this not just drive investments by those temporary residents elsewhere and actually damage NZ?
8. Do you think the NZ tax system plays a major role in the reduction in migration, and possible negative net migration that we are trending towards? For example, the temporary exemption from tax in Australia for Kiwis?
9. Is VAT/GST the same as a tariff?
Sybrand van Schalkwyk and Robin Oliver MNZM LLB MA
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