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Problems with pension transfer tax proposal
Thursday 16th of August 2012
In July the Inland Revenue released a proposal that would see a percentage of each fund transferred into New Zealand treated as taxable income based on a sliding scale of how long the owner of the funds had lived in New Zealand at the time of transfer.
In their recent paper Foreign superannuation schemes - Proposed changes a step in the right direction, Ian Fay and KirstyHallett...
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