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Labour’s Capital Gains Tax: Chris Hipkins Celebrates ‘Progressive’ Policy Amid Stern Warning to Leaker

Labour unveils a 28% capital gains tax on property profits from July 2027, funding a Medicard with three free GP visits, amid 43% public support in polls.

Summary by NZ Herald
Labour will campaign on a targeted capital gains tax (CGT) at the next election where profits made from commercial and residential property sales will fund...
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NZ Herald broke the news in Auckland, New Zealand on Tuesday, October 28, 2025.
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