Taxation Of Property Transactions In New Zealand

This title analyses and describes the relevant income tax law, covering transactions in personal property, profit-making schemes, transactions in real property, and issues of timing and profit calculation.

"Know the facts - avoid the traps!" This easy-to-follow guide to real estate law is written by an investor, for investors. It demystifies key legal issues in property transactions and, like its widely-read companion volume PROPERTY TAX, it uses practical examples and real cases to show how the law works - and how it affects you.

"This comprehensive guide discusses the key income tax and GST issues associated with buying, selling, owning and leasing property."--Beck cover.

The world has changed a lot in the last thirty years, but New Zealand’s tax system hasn’t. Since the 1980s New Zealand’s taxation policy has remained the same, despite substantial economic and social changes. The system may be familiar, but is it fair? Deborah Russell and Terry Baucher’s lively analysis shows why answers to this question cut to the heart of whether New Zealand can be considered an egalitarian country. Drawing on the latest evidence and using plain language, they explore thorny issues such as the taxation of housing, multinationals and inequality between generations. The remedies proposed in this short book will help change the way New Zealanders think about tax in the twenty-first century.

This review of taxation in agriculture in 35 OECD countries and emerging economies outlines the diversity of tax provisions affecting agriculture, provides an overview of cross-country differences in tax policy, and confirms the widespread use of tax concessions specifically for agriculture, although their importance and modalities differ across tax areas and countries.