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Australia's CGT shake-up has investors looking at New Zealand. Here's why it might backfire
Published 1 week, 5 days ago
Description
As Australians furiously debate changes to housing taxes, discussion has emerged about whether investors could look to New Zealand for more favourable tax treatments. That's because New Zealand does not impose a broad capital gains tax on investment properties like Australia does. But as cross-border tax advisor Mukesh Arora says, investing in New Zealand might not be the way around the reforms, as some Indian-Australians might think.