The Auckland Council could reap as much as $4 billion from a proposed “capital gains tax by stealth” through increases in property values caused by the unitary plan.
As reported previously by NBR ONLINE, the council is considering a “shared land value uplift” (SLVU) that would tax property
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Niko Kloeten
Mon, 29 Apr 2013
Mon, 29 Apr 2013
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Auckland Council ‘stealth capital gains tax’ could reap billions
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