Re:Locked-out New Zealanders outraged as visa scheme for ric...
by jashmatthews on Saturday December 25, 2021 @10:55AM
(#29684245)
In NZ the normal way is Comparative Value which taxes the increase in market value when you sell.
Fair Dividend Rate isn't a wealth tax. It's a frankly bullshit option rich people can use when their investments do really well to cap the tax owed to 5% of the starting market value.
Fair Dividend Rate isn't a wealth tax. It's a frankly bullshit option rich people can use when their investments do really well to cap the tax owed to 5% of the starting market value.
Hatch explain it a bit here: https://www.hatchinvest.nz/learn-articles/tax-50000-fif