More questions are being asked about the Government’s contentious $10 million loan to Westland.
Any changes to the tax system should better support the productive dairy sector and not hinder environmental work, says DairyNZ.
A significant number of lifestyle block owners may have to pay a capital gains tax on their family home, warns the Real Estate Institute of NZ.
Answers to a number of questions about the actions of the state farmer Landcorp may be proving highly embarrassing for both the Government and the state farmer.
State farmer Pāmu Farms (formerly Landcorp) is defending its submission to the Government’s Tax Working Group (TWG).
Federated Farmers vice president Andrew Hoggard says someone who has recently bought a farm and may be highly leveraged could be hit by the introduction of a capital gains tax pushing down land values.