Income Tax and Land Transactions 2026
1.5 CPD Hours
Description
Join us for a clear, expert breakdown and the complete guide to tax on land sales. There is a focus on the bright-line test, dealer and developer rules, subdivision taxation, and key exclusions.
This webinar provides a complete overview of when the sale of land is subject to income tax, with a focus on situations where the application of the rules requires the exercise of finely balanced judgment. Topics covered include the application of the bright-line test (including the application of rollover relief), the taxation of dealers, developers, builders and associated persons, the taxation of subdivision and development schemes, and the application of the various exclusions.
LEARNING OUTCOMES
You will:
- Know when the sale of land will be subject to income tax
- Learn about when rollover relief from the bright-line test will apply
- Understand when a person will be treated as a “dealer”, “developer” or “builder”, and what income tax implications flow from this
- Know when subdivisions and other land developments will be subject to income tax, including the income tax treatment of retained land
- Understand what income tax issues arise when land is transferred between associated persons
- Learn about the various exclusions that apply, including the main home exclusion to the bright-line test
- Be able to apply the rules in borderline cases
SUITED TO
Junior and intermediate accountants, property lawyers, and others who advise clients on land transactions.
PRESENTER
Stephen Tomlinson, Partner, Tomlinson Law
Stephen is a partner of Tomlinson Law. Stephen has lectured in taxation, finance and business law at the University of Canterbury and is a well-known presenter of taxation and trust seminars and webinars. Stephen advises accounting firms, law firms, property developers and property investors on a wide range of tax issues. He is a past member of the NZLS taxation committee and takes an active interest in law reform, particularly in relation to the taxation of land transactions.
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