The Valabh Committee, named after its Chair Arthur Valabh, was a New Zealand government appointed committee tasked with reviewing various aspects of the income tax system in the late 1980s and early 1990s.
Although originally convened to review proposals for a capital gains tax, the Committee ended up making a number of recommendations for fundamental reform of the scheme and structure of the New Zealand tax legislation, most of which [1] were implemented.
The committee had a lasting impact on the direction of tax reform, including the style and drafting of the income tax legislation, as well as numerous specific recommendations for the tax treatment of, for example, depreciation and partnerships.
- ^ "Appendix 10 Recommendations of the final report of the consultative committee on the taxation of income from capital (Valabh Committee)". Archived from the original on 2006-10-01. Retrieved 2024-01-14.