Property investors face further tax crackdowns
12% of all properties sold in the first year may have come under the 'brightline' test, but a lot of others are caught too.
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Hawke’s Bay
Inland Revenue is gearing up for a greater sweep of property investors.
The new government has pledged to extend the brightline test for investors from two to five years – something the Treasury had earlier recommended in any case but which National backed away from.
But documents obtained
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Rob Hosking
Fri, 03 Nov 2017
Fri, 03 Nov 2017
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Property investors face further tax crackdowns
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