'Every investment situation' could be affected by tax group

The new government's Tax Working Group, chaired by Sir Michael Cullen, is now accepting submissions from people who want to share their opinions on the future of tax.

It will launch a background paper next week to provide assistance.

"We've already had three very productive meetings looking at ways we can tackle the issues raised in the government's terms of reference and there's a great deal of enthusiasm for including all New Zealanders in this process," Cullen said.

The Tax Working Group's two-month consultation period will run until the end of April and the group will use the feedback from New Zealanders to influence the interim report due in September.