Nitpick: Your information on the brightline test seems incorrect. AFAIK: Intention doesn't matter for property - instead the brightline rule matters. Intent m

Nitpick: Your information on the brightline test seems incorrect. AFAIK: Intention doesn't matter for property - instead the brightline rule matters. Intent matters for NZ shares. Intent matters for foreign shares costing <$50k in total. Intent also doesn't matter for crypto. The bright-line capital gains tax rules look at the purchase and sale dates and there's a bunch of extra conditions so it can't easily be avoided. The bright-line property rule looks at whether the property was acquired: • on or after 27 March 2021 and sold within 5 years for qualifying new builds or within 10 years for all other properties • between 29 March 2018 and 26 March 2021 and sold within 5 years Changes are coming For properties sold on or after 1 July 2024, the bright-line property rule will only apply if the property is sold within 2 years of acquiring it. https://www.ird.govt.nz/property/buying-and-selling/when-you-need-to-pay/the-brightline-property-rule https://www.ird.govt.nz/property/buying-and-selling/when-you...