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Call for crackdown on tax disclosure requirements

Wednesday 12th of April 2017

That’s according to Anthony Edmonds, of investment management firm Implemented Investment Solutions.

He said a lot of New Zealanders were putting their money into Australian unit trusts, under the two countries’ mutual recognition of securities regime.

But the tax issues were not always made clear to them.

He said there could be tax leakage and there was no deductibility of...

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