Law and regulation

Salters Cartage owner cries poor while nobbling rivals. By Victoria Young

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DAVID CHAPLIN: Share traders, crypto-jugglers and the IRD

David Chaplin
Wed, 07 Oct 2020

David Chaplin
Wed, 07 Oct 2020
In line with offshore markets, the NZX has seen a rush of new investors this year, encouraged by low interest rates, idle lockdown hours and easy app-based access.The trend has not escaped the attention of the Inland Revenue Department which, despite the absence of a formal capital gains tax in New Zealand, may have some claims on profits generated in the NZX retail frenzy.According to the IRD website, profits accrued through trading NZ and most Australian shares could be taxed at an individuals’ marginal rates “where an investor is...

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Where can you put your money at present?
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In a low interest rate environment and with residential property running hot, where does today's investor look for other sources of blue sky?

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Listed Companies
Air NZ adds brand-new destination – Guangzhou
Pattrick Smellie | Fri, 27 Nov 2020

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As data increasingly drives industry, commerce and public security, it has become obvious that organisations need to lift their game, particularly in the area of information governance.