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KiwiSavers' tax bill equal to property investors', tax expert says

Tuesday 17 Oct 17 3:49pm
STUFF: KiwiSaver members copped a $166 million tax bill on their $40 billion in investments over the past year – and it's being held up as an example of New Zealand's unfair tax system.



Data from the Financial Markets Authority shows default members paid $25.4m and those who had made an active fund choice $140.8m, in the year to March 31. MORE>.
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