He predicted the tax will take effect in the second half of next year.Not all foreign visitors will have to pay it, though. Australians and citizens of nearby Pacific Island nations will be exempt, Davis said.He estimated the tax would raise 60 million to 80 million New Zealand dollars ($42 million to $56 million) in its first year. The government wants to spend the money on „tourism and conservation infrastructure” but is also asking the New Zealand public for suggestions on where it could be directed.Related: New Zealand may have just killed its oil industryDavis suggested possible beneficiaries could be thinly populated areas on New Zealand’s South Island, such as the Franz Josef Glacier, that are popular with tourists but have few Cheap jordans residents to pay for infrastructure through local taxes.Davis said that system would be „hassle free” compared with demanding the payment at the airport.He said concerns from the tourism industry had been taken into account in coming up with the plans for the tax.CNNMoney (Hong Kong) First published June 15, 2018: 2:30 AM ETContact UsClosed CaptioningSite MapMost stock quote data provided by BATS.
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