Labour’s capital gains tax is simpler but still has complexities
How will it treat the sale of shares in a property-owning company?
Labour Party leader Chris Hipkins released the party’s capital gains tax policy today after it had been leaked to RNZ.
Having been tripped up in the past over its capital gains tax policy, the Labour Party has opted for a simpler, more targeted tax policy for next year’s election campaign.
It has prompted criticism from all sides of politics, with Finance Minister Nicola Willis calling it an attack on investment
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