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Hot Topic ELECTIONS
General Business
2 mins to read

IRD property spotlight finds $150m undeclared tax

The tax agency has been scrutinising developers, landlords, and people covered by the ‘brightline’ test.

The Inland Revenue Department.

NBR Staff Fri, 09 May 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Inland Revenue is cracking down on the property sector and uncovered more than $150 million in undeclared income tax and GST.

The agency said it had been scrutinising developers, landlords, and people covered by the so-called ‘brightline’ test as part of its increased compliance work funded by

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NBR Staff Fri, 09 May 2025
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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IRD property spotlight finds $150m undeclared tax
General Business,
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