All Topics / General Property / TAX IMPLICATION FRO INVESTING IN NZ

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  • Profile photo of dangermouse99dangermouse99
    Participant
    @dangermouse99
    Join Date: 2004
    Post Count: 88
    September 21, 2004 - 11:09 am

    HEllo all, been researching and researching but i need to know what the tax implications are in NZ and here in Australia, can anyone please help me out in this regard, i want to buy soon but need to know EVERY angle before buying, i appreciate any help and info supplied
    Cheers
    dangermouse

    Profile photo of Michael RMichael R
    Member
    @michael-r
    Join Date: 2003
    Post Count: 302
    September 21, 2004 - 1:14 pm

    A cross-border tax advisor/accountant is recommended.

    — Michael

    Profile photo of geogeo
    Member
    @geo
    Join Date: 2003
    Post Count: 1,194
    September 22, 2004 - 12:38 am

    There is no Stamp Duty or Capital gains tax in NZ but being an Australian resident, once you transfer the monies over to your nominated account here, you must declare it and be taxed on it.

    Best Regards,
    George.

    I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how

Viewing 3 posts - 1 through 3 (of 3 total)

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