Tag: capital gains tax
The Reserve Bank does not favour the kind of capital gains tax the Labour Party is proposing, saying it would only distort the property market further.
24 Aug 2011 more >>
BNZ economist Tony Alexander has rejected the argument that a capital gains tax would result in additional money being invested in productive assets.
18 Jul 2011 more >>
Labour proposals for a capital gains tax on investment property have been criticised as unfair on both investors and tenants, "who are going to end up paying for this."
06 Jul 2011 more >>
Tax changes are "essential" to remove the distortions that favour housing as an investment over basic savings products, according to the Savings Working Group report.
01 Feb 2011 more >>
Toughening existing tax rules about when the capital gain on a property can be taxed were still under consideration by ministers until relatively late before this year’s Budget, papers released by the Treasury show.
14 Jul 2010 more >>
The Government has ruled out almost all the property tax changes proposed by the Tax Working Group.
09 Feb 2010 more >>
RESIDENTIAL TENANCIES AMENDMENT BILL - 2nd reading commenced.
The Government commenced the second reading debate of the Residential Tenancies Amendment Bill on 8 December. This process basically means that Parliament is asked to adopt the bill as reported back, with amendments from the Social Services Select committee.
11 Jan 2010 more >>
Broadening the tax base is critical in the longer term, to avoid large increases in personal income tax and GST.
08 Oct 2009 more >>
Calls for a capital gains tax are gaining momentum, but unfortunately the capital gains debate thus far has been tainted with misinformation and a lack of clarity as to what a capital gains tax would hope to achieve. Frank Newman, who is a writer on investment and a part-time lecturer at Massey University, gives his views.
22 Sep 2009 more >>
Equity, rather than the question of curing an over-investment in property, is the focus of a new paper on a capital gains tax for New Zealand.
18 Sep 2009 more >>
While the Prime Minister John Key virtually ruled out a capital gains tax yesterday, he is much less unequivocal about other forms of tax on property investment.
15 Sep 2009 more >>
The NZPIF has been campaigning on behalf of it's members in opposition to proposals to introduce a Capital Gains Tax for Property Investors.
15 Sep 2009 more >>
The government is not ruling out a capital gains tax to keep the housing market under control.
13 Aug 2009 more >>
A capital gains tax on property investment is definitely not on the Government's agenda, says Housing Minister Phil Heatley.
05 Jun 2009 more >>
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