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Bright-Line Archives - Mortlock McCormack Law | Property and Commercial Law | Christchurch, New Zealand
Bright-Line Archives - Mortlock McCormack Law | Property and Commercial Law | Christchurch, New Zealand
Bright-Line Archives - Mortlock McCormack Law | Property and Commercial Law | Christchurch, New Zealand
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Tag: Bright-Line

Bright-Line Test Extension

June 2018

Andrew Logan

The “Bright-Line Test”, or period in which profit made from the sale of residential land is taxable as income, has been extended from two to five years. The five year period applies to properties purchased from 29 March 2018 onwards. The ...
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