The government is moving to tighten and simplify tax rules for closely held companies of five or fewer shareholders, one of most common vehicles used in New Zealand, and to simplify rules for non-corporate shareholders to receive tax-free capital gains.
The government is moving to tighten and simplify tax rules for closely held companies of five or fewer shareholders, one of most common vehicles used in New Zealand, and to simplify rules for non-corporate shareholders to receive tax-free capital gains.
