For years a capital gains tax has been a taboo political subject, avoided by politicians afraid to lose votes. 

Tax experts have stressed time and again that Aotearoa should follow in the footsteps of the rest of the OECD and introduce this type of tax. 

And while former Prime Minister Jacinda Ardern refused to pull the trigger despite strong recommendations from the working group her own Government commissioned, there’s speculation that this political hot potato could be reconsidered under Chris Hipkins’ fresh leadership.

So, what has stopped the country from introducing a capital gains tax so far? How much more tax revenue could it deliver? And how likely is it that Aotearoa could introduce a capital gains tax in the future?     

Today, PWC tax partner Geof Nightingale runs Damien through the pros and cons of this always controversial issue.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Shaun D Wilson and Paddy Fox
Executive Producer: Ethan Sills

For years a capital gains tax has been a taboo political subject, avoided by politicians afraid to lose votes.    Tax experts have stressed time and again that Aotearoa should follow in the footsteps of the rest of the OECD and introduce this type of tax.    And while former Prime Minister Jacinda Ardern refused to pull the trigger despite strong recommendations from the working group her own Government commissioned, there’s speculation that this political hot potato could be reconsidered under Chris Hipkins’ fresh leadership.
So, what has stopped the country from introducing a capital gains tax so far? How much more tax revenue could it deliver? And how likely is it that Aotearoa could introduce a capital gains tax in the future?     
Today, PWC tax partner Geof Nightingale runs Damien through the pros and cons of this always controversial issue.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto Producer: Shaun D Wilson and Paddy Fox Executive Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Advertisement