COVID-19 and Taxes
Tax changes have already been made to help weather the storm of the COVID-19 pandemic. They will continue but will need to be within limits. Tax policy will also move quickly in these uncertain times and significant future tax changes will be needed to repay the enormous stimulus and social borrowing that has funded the nation's response to the pandemic.
Through work with the New Zealand Law Society's Taxation Committee, and the International Fiscal Association, Geoff Clews and his team are providing commentary and input on the development of tax policy and tax law in the face of the impact of COVID-19 on New Zealand's economic prospects and social cohesion. That writing can be reviewed here. The opinions expressed in this work are those of the writers only and not of the NZLS, IFA or any other body.
Geoff is part of a panel addressing tax initiatives in response to the COVID-19 pandemic that will present at the 2020 New Zealand Law Society Tax Conference.