Invitation for comment
There is no wrong or right way to configure a tax expenditure statement and there are likely to be different views about aspects of this report.
From a public sector management perspective, a TE statement is likely to make a positive contribution. However, it is important that TE data meet domestic needs and requirements. The data should also be easy to understand and should be able to support robust policy debate.
This paper provides some initial discussion about TE reporting and lays out options for a New Zealand approach. However, we would welcome feedback about the value of a New Zealand TE statement.
Some specific feedback could include answers to the following questions:
- Would basic TE information be useful?
- Do the proposed criteria and definition capture the items of interest?
- Should the criteria be broader or narrower?
- What items should be added to or subtracted from the preliminary list of tax expenditures in Annex one?
