IRD Wealth Tax Report w/ Professor Craig Elliffe 3 May, 2023

Last week the IRD released a comprehensive report on the taxation of the wealthiest New Zealanders.

The findings sparked outrage as it was reported that the wealthiest New Zealanders pay an effective tax rate that was half that of median income earners.

But what is an effective tax rate? And what repercussions will this unprecedented report have on New Zealand’s tax system?

Nicholas sat down with Professor Craig Elliffe, a former member of the NZ Tax working group and a professor of Tax law at The University of Auckland.