PUB00411: Income tax – application of the land sale rules to changes to co-ownership, subdivisions, and changes of trustees

This draft interpretation statement considers whether, and if so to what extent, the land sale rules in the Income Tax Act 2007 apply to changes to co-ownership, subdivisions of land, and changes of trustees.  It is accompanied by two fact sheets that summarise the conclusions in the draft interpretation statement in relation to changes to co-ownership and subdivisions of land.

Fact sheet 1: The land sale rules and changes to co-ownership

Fact sheet 2: The land sale rules and subdivisions

Comment deadline: 9 November 2021