Do I Have to Pay Tax Under the Bright Line Test?⎜Ep.10

01/12/2022 12 min Episodio 10

Listen "Do I Have to Pay Tax Under the Bright Line Test?⎜Ep.10"

Episode Synopsis

In this episode, you’ll learn what the Bright Line Test is, and how it works in New Zealand as a “lite” version of a capital gains tax. Essentially, if you buy and sell property with the intention of making a profit – you’ll have to pay tax on the difference – unless you abide by the Bright Line rules.
And click here to see all the charts and other info in the written article on the Opes website.