Government is considering tax changes for migrant investors
Simon Watts’ office has corrected its earlier statements that no further work was being done.
Inland Revenue is still doing work on the current financial arrangements rules.
Revenue Minister Simon Watts’ office has corrected responses it initially gave to NBR about proposals to change the tax treatment of migrants.
It had told NBR that no further work was being done on the proposals, but that response was wrong.
In a more detailed response, a spokesperson for Watts
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