TAXATION REFORM
First Step By Government (N.Z. Press Association) WELLINGTON, July 8. The Government took its first formal step on Friday towards implementing a sweeping array of tax reforms recommended last year by the Ross Taxation Review Committee. Further such moves are expected in the 1968 Budget, due in Parliament later this month. A 77-page 101-clause Estate and Gift Duties Amendment Bill introduced in the House bv the Minister of Finance (Mr Muldoon) embodies almost all of the changes to estate and gift duties law recommended by the Ross report. The legislation would make no change to existing rates of either duty or to relief for successors.
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Press, Volume CVIII, Issue 31726, 9 July 1968, Page 18
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107TAXATION REFORM Press, Volume CVIII, Issue 31726, 9 July 1968, Page 18
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