Professional Documents
Culture Documents
Ling Zhang
Master of Business
2007
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7.1.6 Reconstruction .................................................................................................... 58
7.1.7 Recent developments .......................................................................................... 60
7.2 Other jurisdictions ...................................................................................................... 65
7.2.1 Australia .............................................................................................................. 65
7.2.2 Canada ................................................................................................................. 74
8.0 Recommendation and Conclusion ........................................................ 76
8.1 Tax system ................................................................................................................. 76
8.2 Administrative rules ................................................................................................... 78
8.3 Legislative rules ......................................................................................................... 78
8.3.1 Specific anti-avoidance provision ....................................................................... 78
8.3.2 Generally anti-avoidance rule ............................................................................. 79
8.4 Interpreting the law .................................................................................................... 80
8.5 Conclusion ................................................................................................................. 80
Bibliographic ................................................................................................ 82
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Attestation of Authorship
I hereby declare that this submission is my own work and that, to the best of my knowledge
and belief, it contains no material previously published or written by another person (except
where explicitly defined in the acknowledgements), nor material which to a substantial
extent has been submitted for the award of any other degree or diploma of a university or
other institution of higher learning.
I would like to take this opportunity to thank Professor Chris Ohms who provided
invaluable guidance throughout the research process, and also my family for their sacrifices,
support and love.
Abstract
Tax avoidance is attracting more and more attention from the public. Different people have
different understanding and definitions of tax avoidance. The purpose of this thesis is to
review the causes of, and solutions to tax avoidance. The thesis assesses various definitions
of tax avoidance, and then discusses different options for prevention of tax avoidance. In
discussing of legislative rules, the thesis reviews the various applicable sections in the New
Zealand Income Tax Act 2004, taking into account of leading cases, discusses the
Generally Anti-avoidance Rules in three jurisdictions. The thesis recommends the key
elements for design a good tax system which will help to restrict the conditions that make
tax avoidance possible for the future development. The recommendations also include:
establishing effective disclosure and advanced rulings system, improving specific anti-