In a post COVID-19 environment, GST reform has returned to the fore as a means through which to achieve economic growth – generate revenue to support ongoing government expenditure.
Whether it’s broadening the base to remove exemptions or increasing the rate, GST reform has been a politically sensitive topic for years.
However, given the pandemic induced deficit and long-term economic impacts, GST reform may well have a central role to play in providing sustainable revenue growth and productivity gains through the abolition of less efficient taxes.
This report presents the varied perspectives and viewpoints of key tax specialists around the country on proposed GST tax reform.
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This report is part of a content series on tax reform produced by RSM's tax experts.
This report is part of a content series on tax reform produced by RSM's tax experts.