Bright-Line Test and RLWT 2019

Description

A number of issues have arisen under the bright-line test and the RLWT rules, including when is land subject to the five-year bright-line test, the application of the bright-line test to nominations, whether a change in trustees restarts the bright-line period, the application of the main home exclusion to trusts and determining whether a landowner is an offshore person. This webinar considers these and other issues arising under the bright-line test and the RLWT rules.

LEARNING OUTCOMES

You will:

  • Learn about the changes to the bright-line test and when those changes will apply
  • Understand the changes in Inland Revenue’s view on how the bright-line test applies to nominations
  • Know whether a change in trustees restarts the bright-line period
  • Understand how the main home exclusion applies to trusts
  • Learn about when the other exclusions to the bright-line test will apply
  • Understand when the RLWT forms need to be completed
  • Learn when RLWT will apply and how to calculate the amount of RLWT
  • Know when a trust will be treated as an offshore RLWT person

SUITED TO

Junior and intermediate accountants, property lawyers and conveyancers, and others who advise clients on land transactions.

PRESENTER

Stephen Tomlinson, Principal, Tomlinson Law

1.5 CPD Hours

  • Jun 13
    Thu, 2:30 PM NZST - 4:00 PM NZST Online
    • $210.00 excl. GST

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants that do not log into the live webinar are automatically sent a recording either later the same day or early the next business day.

If you did log in and wish to view again simply drop us a line at NZ‑learning@wolterskluwer.com and we’ll be happy to send it to you via email.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.