Capital gains tax on share sales will damage NZ investment, says stock exchange

By Jenny Ruth Nov. 19 (BusinessDesk) – Imposing a capital gains tax on investment in New Zealand shares runs the risk of discouraging direct retail investment, damaging the nation’s capital markets. It could also create an unlevel playing field between direct investment and investment through Portfolio Investment Entities or PIEs. That’s the gist of a … Continue reading Capital gains tax on share sales will damage NZ investment, says stock exchange