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Gift duty: A check on widespread tax avoidance? - by Russel Norman
The Green Party opposed the first reading of the Taxation (Tax Administration & Remedial Matters) Bill last night on the grounds that the Bill will abolish gift duty—a left-over tax from a time when New Zealand had estate duties. Gift duty was designed to prevent people giving away all their wealth on their death bed [...] read moreDecember 9, 2010 10:27 am - 35 Comments
