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Property investor tax still ‘very complex’, ‘poor policy’

Changes will lead to $1b reduction in tax deductions over next four years.

The government’s draft legislation detailing policy limiting the deductibility of interest costs on residential property investments today has failed to impress experts who have long held the changes will fail to have a meaningful impact on housing affordability.

Earlier today, the government

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Daniel Riordan Tue, 28 Sep 2021
Contact the Writer: daniel@nbr.co.nz
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Property investor tax still ‘very complex’, ‘poor policy’
Politics,Property,
89097