Quote Originally Posted by SBQ View Post
Maybe post above your post didn't ring any bells. How exactly will a CGT be implemented when investment such as Kiwi Saver, buying & selling shares in say Amazon or NVDIA, are already taxed under FIF? Are you claiming double taxation is perfectly acceptable ?

FIF arose from the lack of information available about individual’s investments in other jurisdictions.

It’s no longer needed, it’s inefficient, costs a fortune in both administration and compliance. Officially mandated EoI makes it redundant, and so a CGT as above rides in straight over the top.