176 Recovery of tax by Commissioner

(1)

The Commissioner must maximise the recovery of outstanding tax from a taxpayer.

(2)

Despite subsection (1), the Commissioner may not recover outstanding tax to the extent that—

(a)

recovery is an inefficient use of the Commissioner’s resources; or

(b)

recovery would place a taxpayer, being a natural person, in serious hardship.

(3)

Despite subsection (2)(b), the Commissioner may take steps preparatory to, or necessary to, bankrupt the taxpayer, including debt proceedings in the District Court or the High Court.

Section 176: replaced, on 17 October 2002, by section 92(1) of the Taxation (Relief, Refunds and Miscellaneous Provisions) Act 2002 (2002 No 32).

Section 176(3): inserted, on 30 June 2014, by section 177 of the Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Act 2014 (2014 No 39).