Tax Working Group agrees property fairly taxed A Herald article and an Editorial published over the past week have suggested that property is undertaxed and rental property owners are able to buy property more cheaply than owner occupiers. Both these claims are wrong, but it is not the fault of the writers. 27-06-2018 more >>
The correct facts about tax and rental properties Westpac Economist, Dominick Stephens, says that property is more lightly taxed in NZ compared to other assets. He quotes a Tax Working Group study to make this claim. However financial consultants Morgan Wallace found large errors in the Groupâ€™s study and concluded that rental property is actually taxed more than other assets. 19-06-2018 more >>
POLITICAL & REGULATORY REPORT for December 2009 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. 11-01-2010 more >>
'Big kahuna' tax overhaul purpose Economist and fund manager Gareth Morgan, who is a member of the Tax Working Group, has proposed a radical tax restructure to the group's final public conference that would impose a Comprehensive Capital Tax (CCT) on all land, buildings, plant and equipment to raise $19 billion. 01-12-2009 more >>