Coalition extends property tax test
Five-year bright line test runs contrary to IRD advice.
The bright-line test for the imposition of capital gains tax on property transactions will be extended from two years to five years, the government has announced.
The change, which was proposed by Labour before the election, was confirmed by Revenue Minister Stuart Nash today and is expected to
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Tim Hunter
Thu, 15 Feb 2018
Thu, 15 Feb 2018
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Coalition extends property tax test
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