Dear The Treasury,

You will be aware that the Government is soon to consider policy on a Capital Gains Tax (CGT). As I understand it, the Government has promised that any revenue from a CGT should be offset by other tax changes. This Official Information Act request is therefore about what forecasts or projections the Treasury has made or holds on asset prices over the next decade. Please provide me under the OIA all such forecasts or projections divided into various asset classes, such as "family homes," "rental properties," "shares on the NZX" etc, with which Treasury will use to provide advice to ministers on the likely revenue from various CGT proposals.

Thank you.

Yours faithfully,

Matthew Hooton

Dear Ministerial Services Inbox [TSY],

This cannot be all the information that you hold that is covered by my request. It is not adequate to provide any but the roughest revenue forecasts for various Capital Gains Tax models and is not a sound basis for advising ministers. Could you please either recheck your files and fully meet the terms of my request, or provide an explanation as to why no serious effort to estimate revenues from various CGT models has been or is being carried out.

Yours sincerely,

Matthew Hooton