Capital Gains Tax Rate 2024 Calculator Nz

Capital Gains Tax Rate 2024 Calculator Nz. What rate of tax applies to any taxable “capital” gains? Unlike property, where new zealand’s tax laws look suspiciously similar to a capital gains tax, in this area, new zealand makes it clear:

If you sell a property in any of these situations, you may need to pay income tax on your profit. If the taxpayer is a company, the tax rate is 28%.