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Family homes worth $5m could be subject to tax

When is a house the family home? Tax Working Group chairman Sir Michael Cullen talks to political reporter Brent Edwards about the two options for a capital gains tax.

Brent Edwards Thu, 20 Sep 2018

If a tax on capital gains is finally introduced, homes worth more than $5 million might be subject to the tax.

The Tax Working Group chairman Sir Michael Cullen says under the terms of reference the family home was excluded from coming under any consideration of a capital gains tax.

But that

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Family homes worth $5m could be subject to tax
Politics,Property,
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