New Zealand’s proposed capital gains tax could nudge taxpayers to invest in art instead of property
- Written by Jonathan Barrett, Lecturer, Victoria University of Wellington
Works of art would be excluded from New Zealand's proposed capital gains tax. from www.shutterstock.com, CC BY-SA
New Zealand’s Tax Working Group (TWG) released its final report last month, with the most significant recommendation to introduce a capital gains tax.
The key motivation for the Labour-led government in establishing the TWG was to...