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IRD cracks down on residential property investors shirking bright line

IRD cracks down on residential property investors shirking bright line

Posted By: Editorial Teamon: November 30, 2020In: REAL ESTATENo Comments

Inland Revenue is cracking down on residential property investors who have sold without paying tax on the profits. The department is matching tax returns with property transactions and is contacting who might be affected and asking tax advisers to do the same. KPMG tax partner Paul McPadden said the crackdown was no surprise in the […] Read more

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