Articles tagged IRD

Inland Revenue revealed today that its advice to Government on the “bright-line Test,” New Zealand’s watered-down capital gains tax, was it should only apply to properties sold within two years of being purchased, not five years which the Labour party promised to implement during the election.

New Zealanders increasingly think we're moving to a cashless society. So why has the amount of cash held in New Zealand more than trebled in the last 20 years? Lynn Grieveson looks at whether criminals, tradies or abusers of migrants are responsible.

Labour has promised to collect an extra $200 million a year in tax from multinationals and has threatened to introduce a British and Australian-style diverted profits tax if companies such as Google, Facebook and Apple don't increase their tax payments here.