The bright-line test has changed the way many taxpayers look at property investing.  While this was originally intended to tax those “speculating”
on property, the reality is that the test now captures a number of situations that would not have previously been caught.

Restructuring groups can now result in taxable transactions and given five year bright-line test, there are a significant number of taxpayers caught by the test.
The IRD are also active in reviewing any land transaction where they believe that Bright-line might apply and notifying taxpayers.

The webinar will cover off the bright-line test, its application and work through various scenarios explaining where the rules can catch you out.

Total CPD Hours: 1.25 (1 hour + 15 min. Q&A)

Suited to:
All levels of practitioners dealing with clients who own property.

PRESENTER

Jarod Chisholm, Senior Partner, Findex/Crowe

Jarod is a senior partner in the Otago Tax Team for Findex/Crowe and has been a regular presenter for TEO, presenting on a wide range of topics in all areas
of tax. Jarod’s background includes working in “Big 4” firms in Australia and New Zealand in the tax domain, and working for large corporates as a
management accountant.

Jarod is recognised as an industry leader in the area of foreign investment and regularly assists other accountants/advisors with their clients. He provides
commercial, practical, tax advice in all areas of tax.