Tax Appeal – Why the PIEs have it
Article written by InvestNow
If you struggle with the concept of income tax, take comfort in knowing that even the greatest mind of modern times turned to mush in the face of a tax return. Income tax, Einstein said, is “the hardest thing in the world to understand”. But in NZ at least, managed fund investors have it relatively easy, specifically those invested in PIE funds.
The introduction of the Portfolio Investment Entity (PIE) regime in […]