In recent years with the advent of simple share platforms such as Sharesies and Hatch, taxpayers have had easier access to buying and selling shares. While most taxpayers consider themselves share investors, due to the level of transactions and the increased use of these platforms, IRD have been reviewing these platforms to determine if investors are actually share traders.

Often, we hear that taxpayers are share traders when losing money and investors when profits are being made.

Of course, the distinction is not based on how much tax you will pay, but on the actions of the taxpayer. The outcome may also differ depending upon the underlying investment.

Learning Outcomes

This course will look to outline the factors to determine if a taxpayer is a “share trader” and also outline the implications of this for common investments both onshore and offshore.

The course will be suited to those actively investing and those acting for active investors.

Duration: 1.00 CPD hours (55 mins plus 5 mins Q&A)

PRESENTER

Jarod Chisholm, Managing Partner (Tax NZ), Findex/Crowe

Jarod is the Managing Partner of the New Zealand Tax Advisory 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 advice in all areas of tax.