Do you have to pay any income tax when you sell a property?
Income from property sales is like any other type of income. You may need to pay tax on it.
The estimated loss of revenue from undeclared property income is more than $100 million a year - revenue that should benefit all New Zealanders.
Read our new section on paying income tax on profits on property sales which will help you work out whether you need to pay tax on a property you have sold.
Date published: 24 Apr 2008
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