Money Mail 97 - Investing? Need to consider taxes?

Published: March 17, 2022, 8 p.m.

b'Most people buy shares hoping for a capital gain and we do not currently have a capital gains tax in New Zealand. Shares are usually a capital asset and any gains the seller gets on the share sale are non-taxable income (as long as the shares were held with the intention of a long-term investment). But what about dividends? Chances are the IRD already know about some of these.

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