Income Tax Act 1994

  • not the latest version
  • repealed
  • Income Tax Act 1994: repealed, on 1 April 2005, by section YA 1(1) of the Income Tax Act 2004 (2004 No 35).

Reprint as at 19 December 2007

Income Tax Act 1994

Public Act1994 No 164
Date of assent20 December 1994

  • Income Tax Act 1994: repealed, on 1 April 2005, by section YA 1(1) of the Income Tax Act 2004 (2004 No 35).

Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

The Income Tax Act 1994 is not available on this website. For more information, see http://www.legislation.govt.nz/about.aspx#whatisprovided

  • Section CB 3(b)(ii)(A): substituted (with effect from 1 April 2001), on 19 December 2007, by section 281 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 4(1)(n): amended, on 19 December 2007, by section 282(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 4(1)(o): added, on 19 December 2007, by section 282(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 4(1)(o): amended, on 19 December 2007, by section 282(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 4(1)(p): added, on 19 December 2007, by section 282(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 4(3)(a): substituted (with effect from 1 April 2001), on 19 December 2007, by section 282(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 4(3)(b): substituted (with effect from 1 April 2001), on 19 December 2007, by section 282(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 9(i): amended, on 19 December 2007, by section 283(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 9(j): added, on 19 December 2007, by section 283(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 9(j): amended, on 19 December 2007, by section 283(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CB 9(k): added, on 19 December 2007, by section 283(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section CG 15(2B): inserted (with effect from 1 April 1995), on 19 December 2007, by section 284(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section ME 1(2)(i): amended (with effect from 1 April 2002), on 19 December 2007, by section 285 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section MF 5(5B): inserted (with effect from 1 April 1997), on 19 December 2007, by section 286(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section MF 5(5C): inserted (with effect from 1 April 1997), on 19 December 2007, by section 286(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section MF 10(4B): inserted (with effect from 1 April 1997), on 19 December 2007, by section 287(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section MF 10(4C): inserted (with effect from 1 April 1997), on 19 December 2007, by section 287(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section MF 10(4D): inserted (with effect from 1 April 1997), on 19 December 2007, by section 287(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section OB 1 Niue International Trust Fund: inserted, on 19 December 2007, by section 288(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section OB 1 taxable bonus issue paragraph (b): substituted (with effect from 16 November 2004), on 19 December 2007, by section 288(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

  • Section OB 1 Tokelau International Trust Fund: inserted, on 19 December 2007, by section 288(4) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

Taxation (Business Taxation and Remedial Matters) Act 2007

Public Act2007 No 109
Date of assent19 December 2007
Commencementsee section 2
1 Title

  • This Act is the Taxation (Business Taxation and Remedial Matters) Act 2007.

2 Commencement

Part 3
Amendments to other Acts and Regulations

Income Tax Act 1994

282 Non-profit bodies' and charities' exempt income

  • (1) Amendments incorporated in the principal Act

    (2) Amendments incorporated in the principal Act

    (3) Amendments incorporated in the principal Act

    (4) Subsection (1) applies for the 1999–2000 and later income years.

    (5) Subsection (2) applies for the 2003–04 and later income years.

283 Other exempt income

  • (1) Amendments incorporated in the principal Act

    (2) Amendments incorporated in the principal Act

    (3) Subsection (1) applies for the 1999–2000 and later income years.

    (4) Subsection (2) applies for the 2003–04 and later income years.

284 What constitutes an interest in a foreign investment fund

  • (1) Amendment incorporated in the principal Act

    (2) Subsection (1) applies for the 1995–96 and later income years.

286 Use of credit to reduce dividend withholding payment, or use of debit to satisfy income tax liability

  • (1) Amendments incorporated in the principal Act

    (2) Subsection (1) applies for a person for the 1997–98 and later income years, unless the person has, for the relevant income year, taken a tax position in a return of income furnished to the Commissioner before 17 May 2007 that ignores the existence of subsection (1).

    (3) If subsection (1) does not apply to a person for an income year because of subsection (2), the person may treat subsection (1) as not existing.

287 Use of consolidated group credit to reduce dividend withholding payment or use of group or individual debit to satisfy income tax liability

  • (1) Amendments incorporated in the principal Act

    (2) Subsection (1) applies for a person for the 2005–06 and later income years, unless the person has, for the relevant income year, taken a tax position in a return of income furnished to the Commissioner before 17 May 2007 that ignores the existence of subsection (1).

    (3) If subsection (1) does not apply to a person for an income year because of subsection (2), the person may treat subsection (1) as not existing.

288 Definitions

  • (1) This section amends section OB 1.

    (2) Amendment incorporated in the principal Act

    (3) Amendment incorporated in the principal Act

    (4) Amendment incorporated in the principal Act

    (5) Subsection (3) applies for an issue of shares made on or after 16 November 2004.

Contents

  • 1General

  • 2About this eprint

  • 3List of amendments incorporated in this eprint (most recent first)

Notes
1 General

  • This is an eprint of the Income Tax Act 1994. It incorporates all the amendments to the Income Tax Act 1994 as at 19 December 2007. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 19 December 2007. Relevant provisions of any amending enactments that contain transitional, savings, or application provisions are also included, after the Principal enactment, in chronological order.

2 About this eprint

  • This eprint has not been officialised. For more information about officialisation, please see "Making online legislation official" under "Status of legislation on this site" in the About section of this website.

3 List of amendments incorporated in this eprint (most recent first)