News
Key kicks for touch on property tax
Tuesday 9th of February 2010
Land tax, capital gains tax, and risk free rate of return (RFRM) tax - all gone.
Prime Minister John Key told Parliament this afternoon in his scene setting speech for the year that
none of the options stacked up.
"A land tax is effectively a lump sum tax on people who own the land at the time the tax is introduced,
would only fall on people who hold their...
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