Robyn Walker: Deloitte Tax Partner expects IRD report to show wealthy families are paying rates lower than marginal tax rates
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
New research is coming out about how much tax New Zealand's rich are paying.
The Inland Revenue report will estimate the effective tax rate of the wealthiest families, taking into account their full economic income, rather than just taxable income.
Deloitte Tax Partner Robyn Walker told Kate Hawkesby it's expected to show they're paying tax rates that are lower than marginal tax rates.
But she says Treasury is also releasing their report on tax rates of the average New Zealander and expects that to say a large section of that population is also paying below marginal tax rate.
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