Capital gains tax 'among most contentious issues' for Tax Working Group, says Cullen

Capital gains tax 'among most contentious issues' for Tax Working Group, says Cullen
Paul McBeth
By Paul McBeth March 14 (BusinessDesk) - The government's Tax Working Group is encouraging submissions on capital gains taxes and land taxes, while stressing that owner-occupier housing is out of bounds.  In a statement accompanying the publication of a background paper for submissions, the group’s chair, former Finance Minister Michael Cullen, said it was clear that a capital gains tax and land taxes will be "among the most contentious issues" the working group will deal with. "I want to take this opportunity to remind New Zealanders...