WHEN CAN LAND SALES BE TAXED AS A PROFIT-MAKING SCHEME?

By EpsomTax.com Tax Team | July 7, 2026
When Can Land Sales Be Taxed as a Profit-Making Scheme

When can land sales be taxed as a profit-making scheme? Inland Revenue has released a draft interpretation statement, PUB00519, that revisits an issue which has been debated by tax advisors, property investors, developers, and Inland Revenue itself for decades. And it is potentially a huge shift in IRD thinking. At the heart of the draft…

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TAX TRAPS IN NEW ZEALAND LAND TRANSACTIONS

By EpsomTax.com Tax Team | October 7, 2025
anxious couple in their home

Tax traps in New Zealand land transactions: is that a thing? Yes. New Zealand’s Inland Revenue Department (IRD) has significantly sharpened its tools for detecting taxable land transactions. With the integration of artificial intelligence (AI) into its systems, the IRD now has unprecedented capabilities to identify patterns, flag anomalies, and enforce tax compliance more rigorously…

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