The Taxation of Property Transactions Part 1, Personal Property and Profit-Making Schemes

Abstract

LexisNexis New Zealand has kindly consented to the classic text, John Prebble The Taxation of Property Transactions (1985) being posted on the SSRN website. Statutory references are to sections as numbered in the Income Tax Act 1976, but apart from re-numbering and reorganisation, the law in the Income Tax Act 2007 remains broadly the same as it was when the work was published. The book is long out of print. The Taxation of Property Transactions is posted in three parts: Personal Property and Profit-making Schemes, Real Property, and Tax Accounting. Each part contains the book's full tables and indices. This is Part 1, Personal Property and Profit-making Schemes.

Abstract by Laura Lincoln.

Keywords: taxation of personal property, taxation of profit-making schemes, taxation of real property transactions, tax accounting, Californian Copper Syndicate principle, adventures in the nature of trade

JEL Classification: K34