Tax Knowledge Bank
We would like to introduce you to the “Tax Knowledge Bank”. As part of our commitment to you, we have developed (and are developing) a series of commentaries, information sheets and FAQs around common tax issues (that we will release overtime. It’s not about re-writing the Tax Act, it’s about providing you with a broad tax runway and guidance to confirm understanding or to maneuver away from mistakes that are commonly made.
A guide to key New Zealand tax stats and facts
While New Zealand does not have a comprehensive capital gains tax system, we do have wide ranging rules that will tax land sales.
The residence of an individual will drive New Zealand’s ability to tax their income. Tax resident persons of New Zealand are taxed in New Zealand on their world-wide income. It is therefore an important concept.
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