Govt To Tighten Investment Tax Rules

The government is taking another look at tax treatment of investment flowing both in and out of New Zealand.

Tuesday, October 14th 2003, 6:16AM

by The Landlord

Finance Minister Michael Cullen, on Friday, announced the release of a discussion paper on reforming the taxation of New Zealanders' investments in offshore equities.

One option being canvassed is the risk-free rate of return method flagged in the McLeod Tax Review of 2001.

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