Lawyers are the principal advisors in land transactions so being up-to-date with which land transactions will be the subject of income tax is important. The relatively new Brightline test for the sale of residential properties is not necessarily as straight forward in application as its name suggests.
Following on from a session at the Wellington CPD Top-Up Day held in February this year, James will discuss the most common tax traps encountered when dealing with land transactions.
This webinar will deal with the application of the Brightline test in detail as well as the other more established situations where land transactions are taxed. Finally, it will cover tax risks when solicitors act as trustees, issues with the definition of a settlor of a trust and the capital gains tax proposal contained in the Cullen Tax Working Group report of 21 February 2019.
Topics covered will include:
After this webinar you will be:
All lawyers especially those with clients contemplating land transactions and those who are or are contemplating being a trustee for a client’s trust.
A background book written by the presenters is available in hard copy, PDF, or both. Please indicate your choice upon registration.
View PDF brochure and registration form here.
|I can't attend, but please let me know when the book is available to purchase.|
Since the webinar is available to registrants as an archive after the live presentation, there is no cancellation – we just transfer your user status as a registrant from the live presentation to a purchaser of the webinar package of recorded webinar, PowerPoints and booklet.