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Aust gst (lightly) bites NZ investors
Friday 30th of June 2000
New Zealand investors with money in Australian domiciled managed funds will feel the sting of gst when it is introduced across the Tasman this weekend.
Unlike in New Zealand the Australian Government has decided to add gst to financial services (they are generally exempt here).
However, as with much of the Australian gst system there are twists. The good news is the impact of gst on...
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