News

Property investors pay IRD extra $63m

Wednesday 23rd of December 2009

 

The Property Compliance Programme started in June 2007 and now has 40 dedicated investigators reviewing  the tax implications of rental property transactions.

So far the programme has spent $10.7 million of its $14.6 million budget.

"We provide information about property tax rules in areas where mistakes are commonly made.

"To date we have contacted a...

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