What is a bright-line test?

What is the bright-line test?

Vicki Hetherington News

The ‘bright-line’ test has been a hot topic this year. Originally brought in as a simpler way of applying an income tax on speculator’s “flipping” houses, the term originates from US constitutional law where a bright-line rule or test is “a clearly defined rule or standard, composed of objective factors, which leaves little or no room for varying interpretation”. The purpose of …