Auckland investor levy proposed by tax officials
“The evidence of under-taxation is unique to Auckland," officials told ministers in May.
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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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