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New Zealand finds $150M in undeclared taxes from property sector, marking a 39% rise in detected discrepancies.
New Zealand's Inland Revenue Department (IRD) has uncovered over $150 million in undeclared taxes from the property sector, including developers and landlords.
This increase in compliance efforts, funded by the government, has led to a 39% rise in detected discrepancies compared to the previous year.
The IRD is focusing on ensuring proper reporting of income tax and Goods and Services Tax (GST) in the property market.
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Nueva Zelanda encuentra $ 150M en impuestos no declarados del sector de la propiedad, marcando un aumento del 39% en las discrepancias detectadas.