Hi Kiwis - what is the situation with capital gains tax for residential real estate in NZ?

1 ⤊

Thanks

2007-01-22 09:44:29 · 2 answers · asked by LadyRebecca 6 in Business & Finance ➔ Taxes ➔ Australia

if the below website is to be believed then it should be nil

http://www.real-estate-nz.com/real-estate-nz/capitalgrowth/

2007-01-22 10:39:31 · answer #1 · answered by Anonymous · 1⤊ 0⤋

I believe NZ does not have CGT at all (on real estate, shares or anything)...

2007-01-22 21:26:52 · answer #2 · answered by ants79 3 · 0⤊ 0⤋