News
Treasury says tax system out of kilter
Tuesday 6th of April 2010
In a speech to the New Zealand Institute of Managers, Whitehead said the department thinks the tax system is unfairly weighted towards property investors because of the way property is treated for tax purposes.
He said the government needs to stop the tax system creating the wrong incentives, such as losses made through property investment offset against income, as it was encouraging in...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.