Bryce Wilkinson: Former Treasury Director and NZ Initiative Fellow on the government potentially cutting the corporate tax rate

New Zealand’s taxes aren’t as competitive as they once were. 

Finance Minister Nicola Willis has floated potential tax cuts for corporations in the wake of the latest Treasury report. 

Speaking to Ryan Bridge on Newstalk ZB last night, she says our corporate tax rate is reasonably high compared to the rest of the world. 

Former Treasury Director Bryce Wilkinson told Mike Hosking that it could be a good move. 

He says the Government is trying to attract foreign investment and capital to try and compare with Singapore and Ireland, who have corporate tax rates within the 10-20% range compared to our rate of 28%. 

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