Bright-Line Test and RLWT 2020 - 11 June 2020 (On Demand)

Description

A number of issues have arisen under the bright-line test and the RLWT rules, including the effect of nominations, re-nominations, assignments and novations, calculation of the bright-line period in unusual situations, the application of the main home exclusion to trusts, using relationship property agreements to mitigate the tax implications arising under the bright-line test 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.

ORIGINAL BROADCAST DATE

11 June 2020

LEARNING OUTCOMES

You will:

  • Learn about when the bright-line test will apply, including determining the date of acquisition of property and the calculation of the bright-line period
  • Understand the effect of nominations, re-nominations, assignments and novations on the application of the bright-line test
  • Know how the main home exclusion applies to trusts, along with proposed changes to the main home exclusion
  • Learn about when the other exclusions to the bright-line test will apply, including the exclusion for transfers pursuant to a relationship property agreement
  • 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

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $215.00 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 to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

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