New Zealand Updates Tax Policy Work Programme 2019-20

New Zealand Inland Revenue has issued a release on the government's updated Government tax policy work programme 2019-20. As included in a statement from Minister of Revenue Stuart Nash, the key workstreams include the following:

Land - Policy work will continue the review of current land rules, particularly affecting investment property and speculation, land banking, and vacant land. It will ensure that the current tax settings are fair and encourage investment where it is most productiv…