I retired from personal blogging in July 2008.
But you can find me over at http://blog.xero.com.
Posted by Rod in Old-blog-archives at 12:59 pm on Thursday, 24 February 2005
Our accountant Hamish Edwards flicked us this information from the IRD which might be of interest to NZ companies doing fund fundraising …
The government will introduce legislation to ensure that non-residents who invest into New Zealand companies alongside the New Zealand Venture Investment Fund will be exempt from tax on the profits when they later sell their share in the companies.
The change will be included in the next taxation bill.
Contact Hamish at www.eaccounting.co.nz for more information.
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