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  • NZ Property Investor

    INTEREST LIMITATION LAW SET TO PASS

    Apr 28, 2022 2 minutes

    Almost a year since the government announced rules to eliminate tax deductions on interest for property investors, the legislation has all but reached its final destination. The Select Committee report on the first draft of the legislation has been released and amendments have been made reflecting these recommendations.

    Here are some of the notable changes in the latest draft.

    PROPERTY TRANSFERS

    “Rollover relief” is a

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