12 April 2019 Podcast

Terry Baucher summarises the top 3 stories from this week in tax.

  1. The Brightline Test and professional advice
  2. The Te Ao Māori capital gains tax case
  3. It’s tax filing season

The case discussed is GG & GE Blackburn Trustee Ltd v Crowe Horwath (NZ) Ltd [2018] NZHC 366 HC Auckland, 8 March 2018. (There’s a link to the full judgement too) https://iknow.cch.co.nz/document/zntxtnewsUio2964331sl941803891/sale-of-property-attracts-bright-line-test 

The story re Te Ao Māori https://www.stuff.co.nz/business/opinion-analysis/111920392/mori-land-must-be-exempt-from-capital-gains-tax 

Here’s the link to the US story https://www.vox.com/2019/4/9/18301943/last-minute-tax-preparation-h-r-block-turbotax

Podcast Transcript