Tuesday, Jun 19, 2007

NZ Government to remove property tax advantages.

New Zealand Herald: Government Considers tougher rules for rental properties

The Government is considering removing the ability of rental property investors to claim losses against their taxes.

Finance Minister Michael Cullen told Parliament he was considering the move as a part of the Government's wider concerns about monetary policy.

Posted by ashwina @ 11:48 AM (159 views) Add Comment

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