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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

New tax a case of guilty until proven innocent?

Fairness of new tax on residential land questioned. With special feature audio.

Sally Lindsay
Fri, 01 Jul 2016

Unaware New Zealand residents may be swept up in the tax that kicked in today on foreign buyers acquiring residential land and selling it within two years.

The bright line withholding tax is supposed to apply only to offshore buyers but Auckland accountant Leicester Gouwland says it relies on the

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Sally Lindsay
Fri, 01 Jul 2016
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New tax a case of guilty until proven innocent?
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