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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Dollars & Sense
5 mins to read

Let’s talk about ... tax

A capital gains tax and wealth tax are inevitable in the future, NBR's Dollars & Sense debaters say.

WATCH: Dollars & Sense debates tax.

Key points
  • What’s at stake: Whether New Zealand introduces new taxes to capture capital gains and wealth.
  • Background: The International Monetary Fund again recommended New Zealand introduce a comprehensive capital gains tax, alongside a land value tax and cuts to company tax rates.
  • Key players: PwC, Sandy Lau, Simplicity, Sam Stubbs, Baker Tilly Staples Rodway, Spencer Smith.

New Zealand will eventually catch up and introduce some type of capital gains tax and wealth tax, but cross-party political support and a willingness will be needed, debates NBR’s Dollars & Sense.

The coalition Government remains committed to providing tax cuts at next month’s Budget, however,

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Jonathan Mitchell Wed, 17 Apr 2024
Contact the Writer: jmitchell@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.
Key points
  • What’s at stake: Whether New Zealand introduces new taxes to capture capital gains and wealth.
  • Background: The International Monetary Fund again recommended New Zealand introduce a comprehensive capital gains tax, alongside a land value tax and cuts to company tax rates.
  • Key players: PwC, Sandy Lau, Simplicity, Sam Stubbs, Baker Tilly Staples Rodway, Spencer Smith.
Let’s talk about ... tax
Dollars & Sense,
103499
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