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Category Archives: Fiji
Holiday homes in Fiji under threat – CGT comes calling
CGT is coming to countries around us. In New Zealand the idea is being entertained by the Labour Party. Fiji introduced a broad based CGT regime from May this year. The Fijian tax will be at 10 percent of the gain (Capital Gains Tax Decree 2011) and covers land (including structural improvement and interest in land such as leases), certain vessels, yachts and shares. Fijian tax residents are taxable on a worldwide basis and non-residents only in respect of Fijian … Continue reading
