View Poll Results: Should there be a Capital Gains Tax on Property
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No
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Yes
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Goff is just an idiot
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Epic fail for Labour
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Originally Posted by fungus pudding
The IRD decide that on a case-by-case basis. Intent is the deciding factor, and IRD are the judge of intent. They must have a large number of mind-readers on their staff.
A couple of excited kids interviewed by media would I hope be an extenuating factor in any IRD decision. If that turns out not to be taken into account I predict a backlash against the rather grey IRD rules.
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