FIF tax creator apologises, ‘I can only say sorry’, but thinks Govt changes not deep enough

NZIER economist Peter Wilson designed the FIF regime in the 1990s. (Image: BusinessDesk)

Tue, 25 Nov 2025

One of the original creators of the Foreign Investment Funds tax says the Government’s proposed changes need to go further.New Zealand Institute of Economic Research (NZIER) economist Peter Wilson told the Chartered Accountants of Australia New Zealand (CAANZ) tax conference on Thursday that the Foreign Investment Funds (FIF) tax was created for a different time and needed changes beyond what the Government was proposing.“I designed the FIF regime back in the early ’90s ... I can only apologise. But the thing I would apol...

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