Canadian and Swedish Procedures for Advance Rulings in Income Tax Cases

Delegates from the Institute of Policy Studies at Victoria University of Wellington and the Australian Tax Research Foundation met with taxation experts from Canada and Sweden. The two countries have well developed advance rulings procedures. The questions that the meeting discussed are set out in the report and cover most aspects of advance rulings procedures. The New Zealand Parliament later adopted an advance rulings procedure for income tax disputes, provided for in Part VA of the Income Tax Amendment Act 1994