Property Council says IRD view on seismic assessments is immoral

Inland Revenue's view that the costs of getting a seismic assessment of a building shouldn't be tax deductible has riled the Property Council. With special audio feature.

Jenny Ruth
Tue, 15 Mar 2016

The Property Council is spitting chips at an Inland Revenue proposal to treat the costs of seismic assessments of buildings as not tax deductible.

The council has already been fighting for a law change to allow the costs of actually strengthening a building to meet current earthquake standards to

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