The Working Party on the Reorganisation of the Income Tax Act 1976 was a committee appointed by the New Zealand government to advise on the appropriate reorganisation of the income tax legislation. The Working Party was set up in 1993 as a result of recommendations made by the Valabh Committee set up to review the overall income tax system. The Working Party comprised Arthur Valabh (Chair), Dame Margaret Bazley, and Sir Kenneth Keith.
The Working Party issued two reports on the reorganisation of the then Income Tax Act 1976. Following on from these reports the government in 1995 established a review process for rewriting the income tax legislation, overseen by an advisory panel drawn from the private and public sectors.
The Income Tax Act has since been largely rewritten in a plain English style with a radically re-organised structure, including a unique (for New Zealand) alpha-numeric section referencing system (as opposed to the more usual numeric system. It was re-enacted as the Income Tax Act 1994 and again as the Income Tax Act 2007 as the various parts of the legislation was progressively rewritten.
The Rewrite Advisory Panel was established initially to oversee the rewrite process, but from 2004 it has also been tasked with determining whether there are errors (or "unintended legislative changes") in the rewriting of the Income Tax Acts. The Panel was chaired by Colin Blair (until 2003), Sir Ivor Richardson (2003-08) and the current Chair is David McLay.
Famous quotes containing the words tax, act, income, working and/or party:
“In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
—Alexis de Tocqueville (18051859)
“We call the intention good which is right in itself, but the action is good, not because it contains within it some good, but because it issues from a good intention. The same act may be done by the same man at different times. According to the diversity of his intention, however, this act may be at one time good, at another bad.”
—Peter Abelard (10791142)
“I know everybodys income and what everybody earns,
And I carefully compare it with the income-tax returns;”
—Sir William Schwenck Gilbert (18361911)
“Our policy is directed not against any country or doctrine, but against hunger, poverty, desperation and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.”
—George Marshall (18801959)
“We are the party of all labor.
The whole earth shall be ours to share
And every race and craft our neighbor.
No idle class shall linger there
Like vultures on the wealth we render
From field and factory, mill and mine.
Tomorrows sun will rise in splendor
And light us till the end of time.”
—Eugène Pottier (18161887)