Capital gains tax to be raised in Tax Working Group report

Author
Newstalk ZB,
Section
Audio,
Publish Date
Tuesday, 11 September 2018, 7:35a.m.
The interim report will be released later this month Photo \ Getty Images

An interim report into our tax system will probably park the idea of a capital gains tax.

It is thought the Tax Working Group will seek further input before making a final recommendation on the controversial tax.

Tax consultant Terry Baucher told Kate Hawkesby the issue will almost certainly be raised in the report.

"Many of the jurisdictions within the OECD have capital gains taxes and it has not proved to be any for of fiscal armageddon."

The interim report will be released later this month

 

LISTEN ABOVE AS TERRY BAUCHER SPEAKS WITH KATE HAWKESBY 

ON AIR: Leighton Smith Show

8:30a.m. - 12p.m.