Opportunities and Challenges for GST/Sales Tax Within ASEAN & The Asia-Pacific
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- Opportunities and Challenges for GST/Sales Tax Within ASEAN & The Asia-Pacific
February
18
Thursday
Speaker: | Dr David White, Victoria University of Wellington, New Zealand |
Moderator: | Associate Professor Stephen Phua, National University of Singapore, Singapore |
Time: | 9:30 am to 11:00 am (SGT) |
Venue: | Seminar Room 4-2, Block B Building, NUS Law (Bukit Timah Campus) |
Type of Participation: | Open To NUS Law Community |
Description
While ASEAN focusses on income tax coordination now, consumption tax coordination is likely to be increasingly important in future. Economies in the region are shifting towards greater domestic consumption. Middle class consumption is growing exponentially just as revenue demands on governments are mounting. As e-commerce expands, however, GST and sales tax collection become more challenging. As regional production and distribution supply chains grow more complex and services and intangibles become more prominent, double tax and non-tax issues become more pressing. As cross-border trade increases, the difficulties foreign businesses face claiming GST/VAT input tax credits become more distortionary. This seminar will explore these economic, business, technological and tax developments and the recent responses of governments and international organisations, such as the OECD. It will propose a path forward to meet these challenges posed for professionals, businesses, and governments in the region.
About The Speaker
In 2006, Dr White initiated the New Zealand GST project to foster multidisciplinary research on the New Zealand GST, which was little researched but often held up as ‘international best practice’. In collaboration with tax professional firms, businesses, officials and academics, he organised conferences and workshops, prepared teaching materials, edited a book and a video, wrote articles and encouraged academic exchanges. He was a member of the Tax Working Group review of the New Zealand tax system (2009- 10), a VAT commentator for the Mirrlees Review of the United Kingdom tax system (2006-10) and participated in evaluations of the Henry Review of the Australian tax system (2011) and the Australian GST (2011). From 2010-2014, he was part of an international review of GST/VAT systems worldwide. In 2012, he started an Asia-Pacific GST/sales tax project. He has been a Research Fellow at the Institute for Fiscal Studies, London (2006- 10) and a Visiting Fellow at the Urban‐Brookings Tax Policy Center, Washington DC (2012). He is the New Zealand country correspondent for the International VAT Monitor and the Australian GST Journal.
Fees Applicable
NIL
Registration
Deadline: 16 February 2016, Tuesday, 12pm
CPD Points
1
Practice Area: Tax
Training Level: General
Contact Information
(E) ewbclb@nus.edu.sgOrganised By
EW Barker Centre for Law & Business