All Topics / The Treasure Chest / NZ Capital Gains Tax

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of dennisdennis
    Member
    @dennis
    Join Date: 2003
    Post Count: 22
    August 5, 2003 - 11:52 pm

    I understand that CGT does not exist in NZ. Is it payable here on CG’s made in NZ?

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636
    August 6, 2003 - 12:36 am

    I am not an accountant and as such it would be worth checking with one but…..my understanding is that if the gain is made over there and brought back to OZ you would face CG as in every profit for CG.

    Enjoy
    AD [:0)]
    (Andrew)

    “Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘NZ Capital Gains Tax’ is closed to new replies.