New Residential Withholding Tax - Online CPD

Package includes:

Online CPD Module  l  Booklet  l  PowerPoint Presentation

Package Fee (incl GST)

• $149 - NZLS members and Associate members
• $179 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

Online CPD Module

A new withholding tax will have significant implications for both property lawyers and their offshore clients. This new withholding tax, called residential land withholding tax, applies from 1 July 2016 to offshore persons who sell residential land within two years of acquisition.

The presentation will cover:

• Why the new withholding tax has been introduced
• When the new withholding tax applies
• How the new withholding tax ties in with the two-year bright-line test
• How the new withholding tax is calculated and collected
• What information property lawyers need to obtain to comply with the new rules
• What new forms need to be completed, and by whom and when
• How the new withholding tax will apply in practice
• Practical implications for property lawyers
• How property lawyers can manage risk.

Learning objectives

After this module you will be able to:

• Understand when and how the tax will apply.
• Know what forms are to be completed, by whom and when.
• Have a good understanding of the practical implications.

Please contact us if you use a dial up internet connection.

Booklet

Introduction

There is no introduction for this publication.

PowerPoint Presentation