Taxing the gains from property speculation as a mechanism to cool down the overheated Auckland property market is a significant Government initiative with proposed new “bright-line” tax rules which toook effect on 1 October 2015.
Become familiar with:
- the new bright-line tax rules and what transactions in land they apply to;
- any exemptions from the rules and how the rules interact with existing tax rules applying to land transactions;
- the nature of advice and warnings that will need to be given to clients in terms of reporting and other related obligations;
- the rules that will capture transactions made through related-ownership vehicles.
Who should view?
Property lawyers and legal executives, trust lawyers, commercial lawyers and general practitioners advising clients on property investment strategies.
Denham is a barrister who specializes in all aspects of tax and trust law. He has been a partner with pre-eminent law and accounting firms in New Zealand and Australia and the principal of his own tax and trust law practice. Denham has published extensively on tax and trust matters, been involved with tax and trust litigation, and is a recognised expert on many areas of tax and trust law. He won the Tax Law Award at the 2011 and 2013 New Zealand Law Awards and was a runner up at the 2010 and 2012 Awards.