1. Just out of curiosity do you know what the deal is with paying or
not paying capital gains if you owned a investment property in NZ and you sold it for a profit since NZ does not have CGT? I am assuming you still pay CGT in Australia?2. Is the lady on the home page of this website “Sally” from Home and Away?
Life is like a box of chocolates – you never know what you’re going to get!
Q.1 Yes if you are an Australian resident. Further details see link:
Q 2 Don’t know ?
Amanda
“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”2 – no its not sally but it does look a lot like her! I had to do a double take when the site changed just to make sure. Sally only does shampoo commercials unless she’s the next dancing with the stars queen…
Q1:
You can get around CGT ruling if you have set up an entity in NZ and the income stays there.
If you wish to go down that path … PM me and I cna give you a contact that specialises in this type of structure.
Cheers
Kiwi
[baaa]
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