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Friday 26 April 2024
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Tax

Preston: Bach tax could squeeze accommodation supply 25th February 2019

Preston: Bach tax could squeeze accommodation supply

A capital gains tax that captures holiday homes could hurt New Zealand’s $36bn tourism industry by choking supply – and therefore spend – in regions reliant on non-commercial accommodation.


TIA to work with BusinessNZ on CGT implications for tourism 22nd February 2019 /

TIA to work with BusinessNZ on CGT implications for tourism

The association said it would try to gain an understanding of what the tax could mean for tourism businesses if it was implemented.