Land Businesses 2026 — when is a dealer, developer, subdivider, or builder taxed as a business?
1.25 CPD Hours
Description
Join our webinar to uncover the hidden tax traps in land transactions—because even with the Brightline period reduced to two years, the rules for dealers, developers, and builders can still turn unexpected sales into taxable income.
Following the reduction of the Brightline rules to a two-year brightline period, landowners need to be careful not to forget or overlook the remaining land taxation provisions.
A landowner must give full consideration to whether the land taxation rules might apply to any sale.
Understanding how the rules will apply to land dealers, developers, subdividers, and builders together with their associates is increasingly important.
The effect of these provisions can result in land being subject to income tax when it is not expected. Association is a key factor when looking at the land business provisions. In some circumstances it can mean that there are tax considerations on sale.
This webinar will consider practical examples to help you understand:
- When a person might have a ‘land related business’ and whether this requires a certain frequency of property transactions
- What a ‘building improvement’ is and how performing those improvements can impact on the taxation of land
- Who is associated and what is the impact
What exclusions apply, including when a person can no longer rely on a residential or main home exclusion because they have a ‘regular pattern’ of buying and selling land.
LEARNING OUTCOMES
- Identify when the specific provisions of the Income Tax Act 2007 may apply to land disposed of by persons in the property industry;
- Understand who might be carrying on a land dealing, land development/subdivision or land building business;
- Determine whether a person has a regular pattern of buying and selling land.
SUITED TO
Accountants, Lawyers, and others providing professional advice and support to the property industry.
PRESENTER
Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 18 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.