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Financial Information for the Residential Property Buyer

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Pacific

Capital Gains Tax (Effective) in Pacific

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
Australia 45.00%
PNG 42.00%
Cook Is. 30.00%
Guam 15.00%
Fiji 10.00%
New Zealand 0.00%
Fr. Polynesia 0.00%
Vanuatu 0.00%

Pacific: Capital gains taxes (%).

In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:

  • The property is directly and jointly owned by husband and wife;
  • They have owned it for 10 years;
  • It is their only source of capital gains in the country
  • It has appreciated in value by 100% over the 10 years to sale
  • The property was worth US$250,000 or 250,000 at purchase.
  • It is not their sole or principal residence.


These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ


Source: Global Property Guide Research, Contributing Accounting Firms

Statistics for the Pacific Region. The bright spots in the Pacific are Australia and New Zealand, both countries which publish excellent house price statistics, as well as very good general economics statistics.

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