Auckland investor levy proposed by tax officials
“The evidence of under-taxation is unique to Auckland," officials told ministers in May.
Auckland’s property market is uniquely focused on capital gains, tax officials say.
In papers prepared for this year’s budget, officials proposed a specific tax aimed at Auckland property investors, as a way of tackling spiralling house prices and also as a revenue raiser.
The investment levy
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Rob Hosking
Thu, 09 Jul 2015
Thu, 09 Jul 2015
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Auckland investor levy proposed by tax officials
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