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The Times

New Zealand’s proposed capital gains tax could nudge taxpayers to invest in art instead of property

  • Written by Jonathan Barrett, Lecturer, Victoria University of Wellington
New Zealand’s proposed capital gains tax could nudge taxpayers to invest in art instead of propertyWorks of art would be excluded from New Zealand's proposed capital gains tax. from www.shutterstock.com, CC BY-SA

New Zealand’s Tax Working Group (TWG) released its final report last month, with the most significant recommendation to introduce a capital gains tax.

The key motivation for the Labour-led government in establishing the TWG was to...

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