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Hi Rory,
I am a kiwi living in Australia on a 3 year contract and would like to purchase some IP in New Zealand while I am here. I have ascertained that a trust structure would be the best entity for me to purchase through, however the CGT issue has me concerned. Do you know if this is only applicable if I sell while living and working in Australia? If I return to NZ and live there and sell will I be liable for CPT on property acquired while living in Oz? Do you have any recommendations for accountants that have expertise in this matter?
I’d appreciate any feedback on this
Cheers
Mike
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