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2 3 2 1 4 New Zealand Businesses Have Subscribed Search our Article Database » Question & Answer | Is the gain for the company tax free capital gain or is this a related party gain and subject to tax Extract: I have a client where 4 family members owned a rental property LAQC each with a 25% interest. Their original intention was to hold as a long term investment. The property has subsequently been sold to one of the four shareholders and her partner jointly at market value. Is the gain for the company tax free capital gain or is this a related party gain and subject to tax? Get the full article by becoming a Financial & Business Advisor Member. If you are already a FBA Member login here to view this article Contact us for more info Authors