Property News · July 29, 2016

Property owners selling land rezoned under Unitary Plan for profit could be stung by rare tax


Developers or property owners hoping to make a big profit on land earmarked for intensification under the Unitary Plan may be stung by a rarely used tax law.Experts are warning that gains on the sale of any land which has shot up…

Source : nzherald.co.nz/Property
Read more…Property owners selling land rezoned under Unitary Plan for profit could be stung by rare tax