Auckland Council has been advised to ditch its plan to capture land value gains from rezoning, labelled a “capital gains tax by stealth”.
The value capture rate (VCR), also known as the shared land value uplift, looks unlikely to go ahead after a report found it would not work and would
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Niko Kloeten
Thu, 25 Jul 2013
Thu, 25 Jul 2013
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Auckland Council told to dump ‘stealth capital gains tax’
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