Capital...taxed away

Lawrence Rose and Martin Young

No 375401, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: The 2005 budget announced plans for a new tax to be levied on the change in accrued value of foreign investments, irrespective of whether these gains are realised or not. Massey University's Lawrence Rose and Martin Young argue that this policy is likely to have some considerable cost.

Date: 2005-11-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:375401

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