New Zealand is considering giving foreigners and returning New Zealanders absent for at least 10 years a tax holiday on overseas income, Revenue Minister Michael Cullen has said.
Tuesday, October 14th 2003, 6:15AM
by The Landlord
The measure was being looked at as a way to help businesses attract talented people to work in New Zealand, he said.
"It can be difficult for New Zealand to compete on wages with much larger economies to attract the highly skilled to work here," Cullen said in speech prepared for delivery to a conference on tax.
