The document summarizes concerns raised by an Auckland accountant about New Zealand's proposed "Bright-Line Test for Residential Land" legislation. Specifically, it notes that the bill uses acquisition and sale dates that taxpayers may not be familiar with, potentially resulting in unexpected tax bills. It also discusses increased compliance costs, unfair penalties for one-time sellers, and complexities around family arrangements and determining repairs vs improvements. The accountant hopes the government will refine the bill to make it fairer and more workable.