This study material discusses the taxation provisions for land transactions in New Zealand. It covers the CB7 of ITA 2007, Bright line test, CB 6, CB 9 & 10, CB 11, CB 16 q, CB 17, and exemptions for main home, inheritance of property, and executor or administrator of a deceased estate. The applicability of these provisions is explained through three transactions involving land. The study material is relevant for students pursuing Master of Applied Practice in Taxation (CISC8805) or related courses.