| A 1 | Title | |
| A 2 | Commencement | |
| | |
| AA 1 | Purpose of Act | |
| AA 2 | Interpretation | |
| AA 3 | Definitions | |
| AA 4 | Crown bound | |
| | |
| | |
| BA 1 | Purpose | |
| | |
| BB 1 | Imposition of income tax | |
| BB 2 | Main obligations | |
| BB 3 | Overriding effect of certain matters | |
| | |
| BC 1 | Non-filing and filing taxpayers | |
| BC 2 | Annual gross income | |
| BC 3 | Annual total deduction | |
| BC 4 | Net income and net loss | |
| BC 5 | Taxable income | |
| BC 6 | Income tax liability of filing taxpayer | |
| BC 7 | Income tax liability of person with schedular income | |
| BC 8 | Satisfaction of income tax liability | |
| | |
| BD 1 | Income, exempt income, excluded income, non-residents’ foreign-sourced income, and assessable income | |
| BD 2 | Deductions | |
| BD 3 | Allocation of income to particular income years | |
| BD 4 | Allocation of deductions to particular income years | |
| | |
| BE 1 | Withholding liabilities | |
| | |
| BF 1 | Other obligations | |
| | |
| BG 1 | Tax avoidance | |
| | |
| BH 1 | Double tax agreements | |
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| | |
| CA 1 | Amounts that are income | |
| CA 2 | Amounts that are exempt income or excluded income | |
| | |
| | |
| CB 1 | Amounts derived from business | |
| CB 2 | Amounts received on disposal of business assets that include trading stock | |
| | |
| CB 3 | Profit-making undertaking or scheme | |
| | |
| CB 4 | Personal property acquired for purpose of disposal | |
| CB 5 | Business of dealing in personal property | |
| | |
| CB 6A | Disposal within 10 years: Bright-line test for residential land | |
| CB 6AB | Residential land transferred in relation to certain family trusts and other capacities | |
| CB 6AC | Residential land transferred in relation to certain Māori family trusts | |
| CB 6AE | Certain transfers of residential land included in settlement of claim under the Treaty of Waitangi | |
| CB 6 | Disposal: land acquired for purpose or with intention of disposal | |
| CB 7 | Disposal: land acquired for purposes of business relating to land | |
| CB 8 | Disposal: land used for landfill, if notice of election | |
| CB 9 | Disposal within 10 years: land dealing business | |
| CB 10 | Disposal within 10 years: land development or subdivision business | |
| CB 11 | Disposal within 10 years of improvement: building business | |
| CB 12 | Disposal: schemes for development or division begun within 10 years | |
| CB 13 | Disposal: amount from major development or division and not already in income | |
| CB 14 | Disposal: amount from land affected by change and not already in income | |
| CB 15 | Transactions between associated persons | |
| CB 15B | When land acquired | |
| | |
| CB 15C | Council-controlled organisations and other companies | |
| | |
| CB 15D | Kāinga Ora–Homes and Communities and wholly-owned group | |
| | |
| CB 16A | Main home exclusion for disposal within 10 years | |
| CB 16 | Residential exclusion from sections CB 6 to CB 11 | |
| CB 17 | Residential exclusion from sections CB 12 and CB 13 | |
| CB 18 | Residential exclusion from section CB 14 | |
| | |
| CB 19 | Business exclusion from sections CB 6 to CB 11 | |
| CB 20 | Business exclusion from sections CB 12 and CB 13 | |
| | |
| CB 21 | Farm land exclusion from sections CB 12 and CB 13 | |
| CB 22 | Farm land exclusion from section CB 14 | |
| | |
| CB 23 | Investment exclusion from sections CB 12 and CB 13 | |
| CB 23B | Land partially disposed of or disposed of with other land | |
| | |
| CB 24 | Disposal of timber or right to take timber | |
| CB 25 | Disposal of land with standing timber | |
| | |
| CB 26 | Disposal of certain shares by portfolio investment entities | |
| | |
| CB 27 | Income equalisation schemes | |
| CB 27B | Entering partners’ livestock income [Repealed] | |
| | |
| CB 28 | Environmental restoration accounts | |
| | |
| CB 29 | Disposal of minerals | |
| | |
| CB 30 | Disposal of patent applications or patent rights | |
| | |
| CB 31 | Disposal of business: transferred employment income obligations | |
| | |
| CB 32 | Property obtained by theft | |
| | |
| CB 32B | Owners of look-through companies | |
| CB 32C | Dividend income for first year of look-through company | |
| | |
| CB 33 | Amounts derived by mutual associations | |
| CB 34 | Amounts derived by members from mutual associations | |
| | |
| CB 35 | Amounts of income for partners | |
| | |
| CB 36 | Disposal of emissions units | |
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| | |
| CC 1 | Land | |
| CC 1B | Consideration relating to grant, renewal, extension, or transfer of leasehold estate or licence | |
| CC 1C | Consideration for agreement to surrender leasehold estate or terminate licence | |
| CC 2 | Non-compliance with covenant for repair | |
| | |
| CC 3 | Financial arrangements | |
| CC 4 | Payments of interest | |
| CC 5 | Annuities | |
| CC 6 | Prizes received under Building Societies Act 1965 | |
| CC 7 | Consideration other than in money | |
| CC 8 | Use of money interest payable by Commissioner | |
| CC 8B | Certain commercial bills: non-resident holders | |
| | |
| CC 9 | Royalties | |
| CC 10 | Films | |
| | |
| CC 11 | Lessee acquiring lease asset on expiry of term of lease | |
| CC 12 | Lessor acquiring lease asset on expiry of term of lease | |
| | |
| CC 13 | Amounts paid in income years after hire purchase agreement ends | |
| | |
| CC 14 | NZ IFRS 16 leases | |
| | |
| | |
| CD 1 | Dividend | |
| CD 2 | Distribution excluded from being dividend | |
| | |
| CD 3 | Meaning of dividend | |
| CD 4 | Transfers of company value generally | |
| CD 5 | What is a transfer of company value? | |
| CD 6 | When is a transfer caused by a shareholding relationship? | |
| CD 7 | Bonus issues in lieu of dividend | |
| CD 7B | Shares issued under profit distribution plans | |
| CD 8 | Elections to make bonus issue into dividend | |
| CD 9 | Interests in money or property of foreign unit trust | |
| CD 10 | Bonus issue by foreign unit trust instead of money or property | |
| CD 11 | Avoidance arrangements | |
| CD 12 | Superannuation schemes entering trust rules | |
| CD 13 | Notional distributions of producer boards and co-operative companies | |
| CD 14 | Notional distributions of emigrating companies | |
| CD 15 | Tax credits linked to dividends | |
| CD 16 | Certain dividends not increased by tax credits | |
| CD 17 | Credit transfer notice | |
| CD 18 | Dividend reduced if foreign tax paid on company’s income | |
| CD 19 | Foreign tax credits and refunds linked to dividends | |
| CD 20 | Benefits of shareholder-employees or directors | |
| CD 21 | Attributed repatriations from controlled foreign companies [Repealed] | |
| | |
| CD 22 | Returns of capital: off-market share cancellations | |
| CD 23 | Ordering rule and slice rule | |
| CD 23B | Returns of capital: shares repurchased under profit distribution plans | |
| CD 24 | Returns of capital: on-market share cancellations | |
| CD 25 | Treasury stock acquisitions | |
| CD 26 | Capital distributions on liquidation or emigration | |
| CD 27 | Property made available intra-group | |
| CD 28 | Transfers of certain excepted financial arrangements within wholly-owned groups | |
| CD 29 | Non-taxable bonus issues | |
| CD 29B | Issues to shareholders of rights to subscribe for or sell back shares | |
| CD 29C | Transfers to shareholders by ASX-listed Australian company of shares in subsidiary | |
| CD 30 | Transfer by unit trust of legal interest after beneficial interest vests | |
| CD 31 | Flat-owning companies | |
| CD 32 | Employee benefits | |
| CD 33 | Payments corresponding to notional distributions of producer boards and co-operative companies | |
| CD 34 | Distribution to member of co-operative company based on member’s transactions [Repealed] | |
| CD 34B | Distributions to members of co-operative companies | |
| CD 35 | Resident’s restricted amalgamations | |
| CD 36 | Foreign investment fund income | |
| CD 36B | Foreign superannuation withdrawals and pensions from foreign superannuation scheme | |
| CD 37 | Maori authority distributions | |
| | |
| CD 38 | General calculation rule for transfers of company value | |
| CD 39 | Calculation of amount of dividend when property made available | |
| CD 40 | Adjustment if dividend recovered by company | |
| CD 41 | Adjustment if amount repaid later | |
| CD 42 | Adjustment if additional consideration paid | |
| CD 43 | Available subscribed capital (ASC) amount | |
| CD 44 | Available capital distribution amount | |
| [Repealed] | |
| CD 45 | When does a person have attributed repatriation from a controlled foreign company? [Repealed] | |
| CD 46 | New Zealand repatriation amount [Repealed] | |
| CD 47 | New Zealand property amount [Repealed] | |
| CD 48 | Cost of tangible property [Repealed] | |
| CD 49 | Cost of associated party equity [Repealed] | |
| CD 50 | Outstanding balances of financial arrangements [Repealed] | |
| CD 51 | Property transfers between associated persons [Repealed] | |
| CD 52 | Unrepatriated income balance [Repealed] | |
| | |
| CD 53 | Prevention of double taxation of share cancellation dividends | |
| | |
| CD 54 | Replacement payments | |
| | |
| | |
| CE 1 | Amounts derived in connection with employment | |
| CE 1B | General rule: accommodation provided by employers | |
| CE 1C | Exception: overseas accommodation | |
| CE 1D | Exception: accommodation provided by Defence Force | |
| CE 1E | Exception: accommodation provided to ministers of religion | |
| CE 1F | Treatment of amounts derived by cross-border employees | |
| CE 2 | Benefits under employee share schemes | |
| CE 3 | Restrictions on disposal of shares under share purchase agreements [Repealed] | |
| CE 4 | Adjustments to value of benefits under share purchase agreements [Repealed] | |
| | |
| CE 5 | Meaning of expenditure on account of an employee | |
| CE 6 | Trusts are nominees | |
| CE 7 | Meaning of employee share scheme | |
| CE 7B | Meaning of share scheme taxing date | |
| CE 7C | Meaning of employee share scheme beneficiary | |
| CE 7CB | Meaning of market value | |
| CE 7D | Meaning of replacement employee share scheme | |
| | |
| CE 8 | Attributed income from personal services | |
| | |
| CE 9 | Restrictive covenants | |
| CE 10 | Exit inducements | |
| | |
| CE 11 | Proceeds from claims under policies of income protection insurance | |
| | |
| CE 12 | Tax credits for personal service rehabilitation payments | |
| | |
| CF 1 | Benefits, pensions, compensation, and government grants | |
| CF 2 | Remission of specified suspensory loans | |
| CF 3 | Withdrawals from foreign superannuation scheme | |
| | |
| CG 1 | Amount of depreciation recovery income | |
| CG 2 | Remitted amounts | |
| CG 2B | Remitted amounts on discharge from bankruptcy [Repealed] | |
| CG 2C | Remitted and other amounts: companies in liquidation | |
| CG 2D | Remitted and other amounts: companies leaving groups | |
| CG 2E | Remitted and other amounts: income apportionment | |
| CG 3 | Bad debt repayment | |
| CG 4 | Receipts for expenditure or loss from insurance, indemnity, or otherwise | |
| CG 5 | Recoveries or receipts by employers from superannuation schemes | |
| CG 5B | Receipts from insurance, indemnity, or compensation for interruption or impairment of business activities | |
| CG 6 | Receipts from insurance, indemnity, or compensation for trading stock | |
| CG 7 | Recoveries after deduction of payments under lease | |
| CG 7B | Disposals or applications after earlier deductions | |
| CG 7C | Disposal or rerecognition of derecognised non-depreciable assets | |
| CG 8 | Capital contributions | |
| CG 8B | Recoveries after deductions for high-priced bloodstock removed from New Zealand | |
| CG 8C | Recoveries after deductions for high-priced bloodstock disposed of to non-residents | |
| CG 9 | Recovery of deductions for aircraft engine overhaul | |
| | |
| | |
| CH 1 | Adjustment for closing values of trading stock, livestock, and excepted financial arrangements | |
| CH 2 | Adjustment for prepayments | |
| CH 3 | Adjustment for deferred payment of employment income | |
| | |
| CH 4 | Adjustment for change to accounting practice | |
| | |
| CH 5 | Adjustment for GST | |
| | |
| CH 6 | Adjustments for certain finance and operating leases | |
| | |
| CH 7 | Adjustment for avoidance arrangements | |
| CH 8 | Market value substituted | |
| | |
| CH 9 | Interest apportionment: excess debt entity | |
| CH 10 | Interest apportionment: reporting bank | |
| CH 10B | Interest apportionment: public project debt | |
| | |
| CH 11 | Te Awa Tupua and Te Pou Tupua | |
| | |
| CH 12 | Income from hybrid mismatch arrangement | |
| | |
| CH 13 | Feasibility expenditure clawback | |
| | |
| CO 1 | Income from voluntary activities | |
| | |
| CP 1 | Attributed income of investors in multi-rate PIEs | |
| | |
| | |
| CQ 1 | Attributed controlled foreign company income | |
| CQ 2 | When attributed CFC income arises | |
| CQ 3 | Calculation of attributed CFC income | |
| | |
| CQ 4 | Foreign investment fund income | |
| CQ 5 | When FIF income arises | |
| CQ 6 | Calculation of FIF income | |
| CQ 7 | Treatment of attributing interests subject to returning share transfer [Repealed] | |
| | |
| CR 1 | Policyholder base income of life insurer | |
| CR 2 | Shareholder base income of life insurer | |
| CR 3 | Income of non-resident general insurer | |
| CR 3B | Lloyd’s of London: income from life insurance premiums | |
| CR 4 | Income for general insurance outstanding claims reserve | |
| [Repealed] | |
| [Repealed] | |
| CS 1 | Withdrawals [Repealed] | |
| [Repealed] | |
| CS 2 | Exclusions of withdrawals of various kinds [Repealed] | |
| CS 3 | Exclusion of withdrawal on grounds of hardship [Repealed] | |
| CS 4 | Exclusion of withdrawal to settle division of relationship property [Repealed] | |
| CS 5 | Exclusion of withdrawal paid as annuity or pension [Repealed] | |
| CS 6 | Exclusion of withdrawal on partial retirement [Repealed] | |
| CS 7 | Exclusion of withdrawal when member ends employment [Repealed] | |
| CS 8 | Exclusion of withdrawal when member ends employment: lock-in rule [Repealed] | |
| CS 9 | Exclusion of withdrawal from defined benefit fund when member ends employment [Repealed] | |
| CS 10 | When member treated as not ending employment [Repealed] | |
| CS 10B | Exclusion of permitted withdrawals from KiwiSaver schemes and complying superannuation funds [Repealed] | |
| [Repealed] | |
| CS 11 | Transfer by superannuation fund to another superannuation fund [Repealed] | |
| CS 12 | Transfer from superannuation scheme to superannuation fund [Repealed] | |
| CS 13 | Investment by superannuation fund in another superannuation fund [Repealed] | |
| [Repealed] | |
| CS 14 | Superannuation fund becomes superannuation scheme [Repealed] | |
| CS 15 | Superannuation fund becomes foreign superannuation scheme [Repealed] | |
| CS 16 | Superannuation scheme becomes superannuation fund [Repealed] | |
| [Repealed] | |
| CS 17 | Superannuation fund wound up [Repealed] | |
| [Repealed] | |
| CS 18 | Value of loan treated as fund income [Repealed] | |
| | |
| CT 1 | Disposal of exploratory material or petroleum mining asset | |
| CT 2 | Damage to assets | |
| CT 3 | Exploratory well used for commercial production | |
| CT 4 | Partnership interests and disposal of part of asset | |
| CT 5 | Petroleum mining operations outside New Zealand | |
| CT 5B | Resuming commercial production | |
| | |
| CT 6 | Meaning of petroleum miner | |
| CT 6B | Meaning of petroleum mining operations | |
| CT 7 | Meaning of petroleum mining asset | |
| | |
| CU 1 | Mineral miner’s income | |
| CU 2 | Treatment of mining land | |
| CU 3 | Disposal of mineral mining assets | |
| CU 4 | Recovery of certain expenditure | |
| CU 5 | Partnership interests and disposal of part of asset | |
| | |
| CU 6 | Meaning of mineral miner | |
| CU 7 | Some definitions | |
| CU 8 | Meaning of listed industrial mineral | |
| CU 9 | Some definitions | |
| CU 10 | Mining asset used to derive income other than income from mining [Repealed] | |
| CU 11 | Meaning of asset for sections CU 3 to CU 10 [Repealed] | |
| CU 12 | Application of sections to resident mining operators [Repealed] | |
| CU 13 | Application of sections to non-resident mining operators [Repealed] | |
| CU 14 | Recovery of reinvestment profit on disposal of mining shares [Repealed] | |
| CU 15 | Recovery of reinvestment profit not used for mining purposes [Repealed] | |
| CU 16 | Recovery of reinvestment profit on repayment of loans [Repealed] | |
| CU 17 | Repayment by mining company of amount written off [Repealed] | |
| CU 18 | Amount treated as repayment for purposes of section CU 17: excess [Repealed] | |
| CU 19 | Amount treated as repayment for purposes of section CU 17: net income [Repealed] | |
| CU 20 | Mining company or mining holding company liquidated [Repealed] | |
| [Repealed] | |
| CU 21 | Meaning of income from mining [Repealed] | |
| CU 22 | Meaning of mining company [Repealed] | |
| CU 23 | Meaning of mining development expenditure [Repealed] | |
| CU 24 | Meaning of mining exploration expenditure [Repealed] | |
| CU 25 | Meaning of mining operations [Repealed] | |
| CU 26 | Meaning of mining venture [Repealed] | |
| CU 27 | Meaning of resident mining operator [Repealed] | |
| CU 28 | Meaning of specified mineral [Repealed] | |
| CU 29 | Other definitions [Repealed] | |
| | |
| CV 1 | Group companies | |
| CV 2 | Consolidated groups: income of company in group | |
| CV 3 | Consolidated groups: arrangement for disposal of shares | |
| CV 4 | Amalgamated companies: amount derived after amalgamation | |
| CV 5 | Statutory producer boards | |
| CV 6 | Crown Research Institutes | |
| CV 7 | Australian wine producer rebate | |
| CV 8 | Regulations: Australian wine producer rebate | |
| CV 9 | Supplementary dividend holding companies [Repealed] | |
| CV 10 | Foreign dividend payment account companies or conduit tax relief companies [Repealed] | |
| CV 11 | Maori authorities | |
| CV 12 | Trustees: amounts received after person’s death | |
| CV 13 | Amounts derived from trusts | |
| CV 14 | Distributions from community trusts | |
| CV 15 | Amounts derived from trusts while person absent from New Zealand | |
| CV 16 | Non-resident shippers | |
| CV 17 | Non-exempt charities: taxation of tax-exempt accumulation | |
| CV 18 | Hedging of currency movements in Australian non-attributing shares and attributing FDR method interests | |
| CV 19 | Additional income for certain imputation credits | |
| CV 20 | Employee share schemes | |
| | |
| | |
| CW 1 | Forestry companies established by the Crown, Maori owners, and holding companies acquiring land with standing timber from founders | |
| CW 1B | Treaty of Waitangi claim settlements: rights to take timber | |
| CW 2 | Forestry encouragement agreements | |
| CW 3 | Forestry companies and Maori investment companies | |
| CW 3B | Pre-1990 forest land units: emissions trading scheme [Repealed] | |
| CW 3C | Certain subdivisions of land | |
| | |
| CW 4 | Annuities under life insurance policies | |
| CW 5 | Payments of interest: post-war credits | |
| CW 6 | Payments of interest: farm mortgages | |
| CW 7 | Foreign-sourced interest | |
| CW 8 | Money lent to government of New Zealand | |
| CW 8B | Certain amounts derived from use of assets | |
| | |
| CW 9 | Dividend derived from foreign company | |
| CW 10 | Dividend within New Zealand wholly-owned group | |
| CW 10B | Dividends derived by council-controlled organisation holding companies | |
| CW 11 | Dividend of conduit tax relief holding company [Repealed] | |
| CW 12 | Proceeds of share disposal by qualifying foreign equity investor | |
| CW 13 | Proceeds from share or option acquired under venture investment agreement | |
| CW 14 | Dividends derived by qualifying companies | |
| CW 15 | Dividends paid by qualifying companies | |
| | |
| CW 16 | Allowance of Governor-General and other benefits and privileges | |
| CW 16B | Accommodation expenditure: out-of-town secondments and projects | |
| CW 16C | Time periods for certain accommodation expenditure | |
| CW 16D | Accommodation expenditure: conferences and overnight stays | |
| CW 16E | Accommodation expenditure: new employees | |
| CW 16F | Accommodation expenditure: multiple workplaces | |
| CW 17 | Expenditure on account, and reimbursement, of employees | |
| CW 17B | Relocation payments | |
| CW 17C | Payments for overtime meals and certain other allowances | |
| CW 17CB | Payments for certain work-related meals | |
| CW 17CC | Payments for distinctive work clothing | |
| CW 18 | Allowance for additional transport costs | |
| CW 19 | Amounts derived during short-term visits | |
| CW 20 | Amounts derived by visiting entertainers including sportspersons | |
| CW 21 | Amounts derived by visiting crew of pleasure craft | |
| CW 22 | Amounts derived by overseas experts and trainees in New Zealand by government arrangement | |
| CW 23 | Income for military or police service in operational area | |
| CW 24 | Deferred military pay for active service | |
| CW 25 | Value of board for religious society members | |
| CW 26 | Jurors’ and witnesses’ fees | |
| CW 26B | Exempt ESS | |
| CW 26C | Meaning of exempt ESS | |
| CW 26D | Meaning of employee | |
| CW 26DB | Meaning of market value | |
| CW 26E | Meaning of normal retiring age | |
| CW 26F | Meaning of share | |
| CW 26G | Meaning of trustee | |
| | |
| CW 27 | Certain income derived by transitional resident | |
| | |
| CW 28 | Pensions | |
| CW 28B | Foreign superannuation withdrawal in initial period of residency | |
| CW 28C | Foreign superannuation withdrawal exceeding given amount | |
| CW 29 | Reinvested amounts from foreign superannuation schemes in Australia | |
| CW 29B | Amounts from Australian complying superannuation schemes reinvested in KiwiSaver schemes | |
| CW 30 | Annuities from Crown Bank Accounts | |
| CW 31 | Services for members and former members of Parliament | |
| CW 32 | Maintenance payments | |
| CW 33 | Allowances and benefits | |
| CW 34 | Compensation payments | |
| CW 35 | Personal service rehabilitation payments | |
| CW 36 | Scholarships and bursaries | |
| CW 37 | Film production grants [Repealed] | |
| | |
| CW 38 | Public authorities | |
| CW 38B | Public purpose Crown-controlled companies | |
| CW 39 | Local authorities | |
| CW 40 | Local and regional promotion bodies | |
| CW 40B | Te Urewera Board | |
| CW 40C | Te Pou Tupua | |
| CW 41 | Charities: non-business income | |
| CW 42 | Charities: business income | |
| CW 42B | Community housing trusts and companies | |
| CW 43 | Charitable bequests | |
| CW 44 | Friendly societies | |
| CW 45 | Funeral trusts | |
| CW 46 | Bodies promoting amateur games and sports | |
| CW 47 | TAB NZ and racing clubs | |
| CW 48 | Income from conducting gaming-machine gambling | |
| CW 49 | Bodies promoting scientific or industrial research | |
| CW 50 | Veterinary services bodies | |
| CW 51 | Herd improvement bodies | |
| CW 52 | Community trusts | |
| CW 52B | Disability support services | |
| CW 53 | Distributions from complying trusts | |
| CW 54 | Foreign-sourced amounts derived by trustees | |
| CW 55 | Maori authority distributions | |
| CW 55BA | Tertiary education institutions and subsidiaries | |
| CW 55BAB | Rebate of fees paid by FIF | |
| CW 55BB | Minors’ income, to limited extent | |
| | |
| CW 55B | Amounts of exempt income for partners | |
| | |
| CW 56 | Non-resident aircraft operators | |
| CW 57 | Non-resident company involved in exploration and development activities | |
| CW 58 | Disposal of companies’ own shares | |
| CW 59 | New Zealand companies operating in Niue | |
| CW 59B | Income of and distributions by certain international funds | |
| CW 59C | Life reinsurance claims from reinsurer outside New Zealand | |
| CW 60 | Stake money | |
| CW 61 | Providing standard-cost household service | |
| CW 62 | Interest paid under the KiwiSaver Act 2006 | |
| CW 62B | Voluntary activities | |
| CW 62C | Income from foreign-currency loans used for disallowed residential property | |
| CW 63 | Avoidance arrangements | |
| CW 64 | Exemption under other Acts | |
| | |
| CW 65 | New Zealand Railways Corporation restructure: exempt income | |
| | |
| | |
| CX 1 | Goods and services tax | |
| | |
| | |
| CX 2 | Meaning of fringe benefit | |
| CX 3 | Excluded income | |
| CX 4 | Relationship with assessable income | |
| CX 5 | Relationship with exempt income | |
| | |
| CX 6 | Private use of motor vehicle | |
| CX 7 | Employer or associated person treated as having right to use vehicle under arrangement | |
| CX 8 | Private use of motor vehicle: use by more than 1 employee | |
| CX 9 | Subsidised transport | |
| CX 10 | Employment-related loans | |
| CX 11 | Employment-related loans: loans by life insurers | |
| CX 12 | Services for members and former members of Parliament | |
| CX 13 | Contributions to superannuation schemes | |
| CX 14 | Contributions to sickness, accident, or death benefit funds | |
| CX 15 | Contributions to funeral trusts | |
| CX 16 | Contributions to life or health insurance | |
| CX 17 | Benefits provided to employees who are shareholders or investors | |
| CX 18 | Benefits provided to associates of both employees and shareholders | |
| | |
| CX 19 | Benefits provided instead of allowances | |
| CX 19B | Transport in vehicle other than motor vehicle | |
| CX 19C | Certain public transport | |
| CX 19D | Certain self-powered and low-powered vehicles and vehicle-share services | |
| CX 20 | Benefits to enable performance of duties | |
| CX 21 | Business tools | |
| CX 22 | Benefits to non-executive directors | |
| CX 23 | Benefits provided on premises | |
| CX 24 | Benefits related to health or safety | |
| CX 25 | Benefits provided by charitable organisations | |
| CX 26 | Non-liable payments | |
| CX 27 | Assistance with tax returns | |
| CX 28 | Accommodation | |
| CX 29 | Entertainment | |
| CX 30 | Distinctive work clothing | |
| CX 31 | Contributions to income protection insurance | |
| CX 32 | Services provided to superannuation fund | |
| CX 33 | Goods provided at discount by third parties | |
| CX 33B | Benefits for members of Parliament | |
| | |
| CX 34 | Meaning of emergency call | |
| CX 35 | Meaning of employee share loan | |
| CX 36 | Meaning of private use | |
| CX 37 | Meaning of unclassified benefit | |
| CX 38 | Meaning of work-related vehicle | |
| | |
| CX 39 | Life insurers and fully reinsured persons [Repealed] | |
| CX 40 | Superannuation fund deriving amount from life insurance policy | |
| CX 41 | Resident insurance underwriters | |
| | |
| CX 42 | Disposal of ownership interests in controlled petroleum mining entities | |
| CX 43 | Farm-out arrangements for mining operations | |
| [Repealed] | |
| CX 44 | Disposal of mining shares [Repealed] | |
| CX 45 | Disposal of mining shares acquired with reinvestment profit [Repealed] | |
| CX 46 | Repayment of loans made from reinvestment profit [Repealed] | |
| | |
| CX 47 | Government grants to businesses | |
| CX 48 | Amounts remitted as condition of new start grant [Repealed] | |
| CX 48B | Issue of post-1989 forest land units [Repealed] | |
| | |
| CX 48C | Government funding additional to government screen production payments | |
| [Repealed] | |
| CX 48D | Tax credits for expenditure on research and development [Repealed] | |
| | |
| CX 49 | Employer’s superannuation contributions | |
| CX 50 | Tax credits for KiwiSaver and complying superannuation funds | |
| CX 50B | Contributions to retirement savings schemes | |
| | |
| CX 51 | Income equalisation schemes | |
| | |
| CX 51B | Disposal of pre-1990 forest land emissions units | |
| CX 51C | Disposal of fishing quota emissions units | |
| | |
| CX 52 | Refund from environmental restoration account | |
| | |
| CX 53 | Credits for inflation-indexed instruments | |
| | |
| CX 54 | Share-lending collateral under share-lending arrangements | |
| CX 54B | Transfers of emissions units under certain excepted financial arrangements | |
| | |
| CX 55 | Proceeds from disposal of investment shares | |
| CX 55B | Proceeds from disposal of certain shares and financial arrangements | |
| CX 56 | Attributed income of certain investors in multi-rate PIEs | |
| CX 56B | Distributions to investors in multi-rate PIEs | |
| CX 56C | Distributions to investors by listed PIEs | |
| CX 57 | Credits for investment fees | |
| | |
| CX 57B | Amounts derived during periods covered by calculation methods | |
| | |
| CX 58 | Amounts derived by minors from trusts | |
| CX 59 | Taxable distributions from non-complying trusts | |
| | |
| CX 60 | Intra-group transactions | |
| | |
| CX 61 | Avoidance arrangements | |
| | |
| CX 62 | Amounts of excluded income for partners | |
| | |
| CX 63 | Dividends derived after company ceased to be look-through company | |
| | |
| CX 64 | Income from financial instrument | |
| | |
| CZ 1 | Grandparented shares under employee share schemes | |
| CZ 2 | Mining company’s 1970–71 tax year [Repealed] | |
| CZ 3 | Exchange variations on 8 August 1975 | |
| CZ 4 | Mineral mining: company making loan before 1 April 1979 [Repealed] | |
| CZ 5 | Exempt interest: overseas money lent to government or local or public authority before 29 July 1983 | |
| CZ 6 | Commercial bills before 31 July 1986 | |
| CZ 7 | Primary producer co-operative companies: 1987–88 income year | |
| CZ 8 | Farm-out arrangements for petroleum mining before 16 December 1991 | |
| CZ 9 | Available capital distribution amount: 1965 and 1985–1992 | |
| CZ 9B | Available capital distribution amount: 1988 to 2010 [Repealed] | |
| CZ 10 | Transitional relief for calculation of attributed repatriation dividends: 2 July 1992 [Repealed] | |
| CZ 11 | Recovery of deductions for software acquired before 1 April 1993 | |
| CZ 12 | General insurance with risk period straddling 1 July 1993 | |
| CZ 13 | Treatment of units and interests in unit trusts and group investment funds on issue as at 1 April 1996 | |
| CZ 14 | Treatment of superannuation fund interests in group investment funds on 1 April 1999 | |
| CZ 15 | Accident insurance contracts before 1 July 2000 | |
| CZ 16 | Interest payable to exiting company: 2001 | |
| CZ 17 | Dividend of exiting company: 2001 | |
| CZ 18 | Benefit provider approved within 6 months of 25 November 2003 | |
| CZ 19 | Community trust receipts in 2004–05 or 2005–06 tax year | |
| CZ 20 | Disposal of personal property lease asset under specified lease | |
| CZ 21 | Superannuation fund loans made to members before 1 April 1989 | |
| CZ 21B | Optional treatment of withdrawals from foreign superannuation schemes not included in return or assessed before 1 April 2014 | |
| CZ 22 | Geothermal wells between 31 March 2003 and 17 May 2006 | |
| CZ 23 | Insurance or compensation for buildings replaced as revenue account property affected by Canterbury earthquakes [Repealed] | |
| CZ 23 | Employee benefits for Canterbury earthquake relief: exempt income | |
| CZ 23B | Employee benefits for North Island flooding events: exempt income | |
| CZ 24 | Employee benefits for Canterbury earthquake relief: not fringe benefits | |
| CZ 24B | Employee benefits for North Island flooding events relief: not fringe benefits | |
| CZ 25 | Land and buildings as revenue account property affected by Canterbury earthquakes and replaced—insurance or compensation, Government purchase | |
| CZ 25B | Land and buildings as revenue account property affected by Hurunui/Kaikōura earthquakes and replaced—insurance or compensation | |
| CZ 26 | Land and buildings affected by Canterbury earthquakes—sections CB 9 to CB 11 and CB 14 overridden for Crown purchases | |
| CZ 27 | Prior bad debt deductions clawback | |
| CZ 28 | Transitional provision for mineral mining: previously appropriated mining expenditure | |
| CZ 29 | Accommodation expenditure: Canterbury earthquake relief | |
| CZ 29B | Accommodation expenditure: North Island flooding events | |
| CZ 30 | Transitional provision: application of certain accommodation provisions | |
| CZ 31 | Accommodation expenditure: New Zealand Defence Force | |
| CZ 32 | Treatment of certain petroleum storage facilities | |
| CZ 33 | Transitional exception for accommodation provided to ministers of religion | |
| CZ 34 | Income arising from tax accounting provision for aircraft engine overhauls | |
| CZ 35 | Treatment of backdated payments for social rehabilitation: 2008–09 to 2017–18 income years [Repealed] | |
| CZ 35 | Amounts derived by Te Kōwhatu Tū Moana | |
| CZ 36 | Treatment of backdated payments for social rehabilitation: 2008–09 to 2017–18 income years | |
| CZ 37 | Income equalisation schemes | |
| CZ 38 | Disposals of trading stock to non-associates without business purpose | |
| CZ 39 | Disposal within 5 years: bright-line test for residential land: acquisition on or after 29 March 2018 | |
| CZ 40 | Main home exclusion for bright-line: acquisition on or after 29 March 2018 | |
| | |
| | |
| DA 1 | General permission | |
| DA 2 | General limitations | |
| DA 3 | Effect of specific rules on general rules | |
| DA 4 | Treatment of amount of depreciation loss | |
| DA 5 | Treatment of expenditure for commercial fit-out [Repealed] | |
| | |
| | |
| DB 1 | Taxes, other than GST, and penalties | |
| DB 2 | Goods and services tax | |
| DB 3 | Determining tax liabilities | |
| DB 3B | Use of money interest | |
| DB 4 | Chatham Islands dues | |
| DB 4B | Fees to purchase funds in tax pooling accounts | |
| | |
| DB 5 | Transaction costs: borrowing money for use as capital | |
| DB 6 | Interest: not capital expenditure | |
| DB 7 | Interest: most companies need no nexus with income | |
| DB 8 | Interest: money borrowed to acquire shares in group companies | |
| DB 9 | Interest incurred on money borrowed to acquire shares in qualifying companies | |
| DB 10 | Interest or expenditure connected to profit-related debentures | |
| DB 10B | Interest or expenditure connected to stapled debt security | |
| | |
| DB 11 | Negative base price adjustment | |
| DB 12 | Base price adjustment under old financial arrangements rules | |
| DB 13 | Repayment of debt in certain circumstances | |
| DB 14 | Security payment | |
| DB 15 | Sureties | |
| | |
| DB 16 | Share-lending collateral under share-lending arrangements | |
| DB 17 | Replacement payments and imputation credits under share-lending arrangements | |
| DB 17B | Transfers of emissions units under certain excepted financial arrangements | |
| | |
| DB 18AA | Square metre rate method | |
| DB 18A | Ring-fenced allocations: disposal of residential land within 5 years [Repealed] | |
| DB 18AB | Deduction cap: disposal of residential land within 5 years to associated persons [Repealed] | |
| DB 18 | Transaction costs: leases | |
| DB 19 | Expenses in application for resource consent | |
| DB 20 | Destruction of temporary building | |
| DB 20B | Consideration for agreement to grant, renew, extend, or transfer leasehold estate or licence | |
| DB 20C | Consideration for agreement to surrender leasehold estate or terminate licence | |
| DB 21 | Amounts paid for non-compliance with covenant for repair | |
| DB 22 | Amounts paid for non-compliance and change in use | |
| DB 22B | Amounts paid for commercial fit-out for building | |
| | |
| DB 23 | Cost of revenue account property | |
| DB 23B | Revenue account property: certain intra-group transactions | |
| DB 23C | Revenue account property: cost of some residential land reduced | |
| DB 24 | Share losses | |
| DB 25 | Cancellation of shares held as revenue account property | |
| DB 26 | Amount from profit-making undertaking or scheme and not already in income | |
| DB 27 | Amount from major development or division and not already in income | |
| DB 28 | Amount from land affected by change and not already in income | |
| DB 29 | Apportionment when land acquired with other property | |
| DB 30 | Cost of certain minerals | |
| | |
| DB 31 | Bad debts | |
| DB 32 | Bad debts owed to estates | |
| | |
| DB 33 | Scientific research | |
| DB 34 | Research or development | |
| DB 35 | Some definitions | |
| DB 36 | Patent expenses | |
| DB 37 | Expenses in application for patent or design registration | |
| DB 38 | Patent rights: devising patented inventions | |
| DB 39 | Patent rights acquired before 1 April 1993 | |
| DB 40 | Patent applications or patent rights acquired on or after 1 April 1993 | |
| DB 40BA | Expenses in application for plant variety rights | |
| | |
| DB 40B | Expenditure in unsuccessful development of software | |
| | |
| DB 41 | Charitable or other public benefit gifts by company | |
| | |
| DB 42 | Property misappropriated by employees or service providers | |
| DB 43 | Making good loss from misappropriation by partners | |
| DB 44 | Restitution of stolen property | |
| DB 45 | Bribes | |
| | |
| DB 46 | Avoiding, remedying, or mitigating effects of discharge of contaminant or making of noise | |
| | |
| DB 47 | Payments for remitted amounts | |
| DB 48 | Restrictive covenant breached | |
| | |
| DB 49 | Adjustment for opening values of trading stock, livestock, and excepted financial arrangements | |
| DB 50 | Adjustment for prepayments | |
| DB 51 | Adjustment for deferred payment of employment income | |
| | |
| DB 51B | Adjustments for leases that become finance leases | |
| | |
| DB 51C | NZ IFRS 16 leases | |
| | |
| DB 52 | Adjustment for change to accounting practice | |
| | |
| DB 53 | Attributed PIE losses of certain investors | |
| DB 54 | No deductions for fees relating to interests in multi-rate PIEs | |
| DB 54B | Expenditure incurred by foreign investment PIEs | |
| DB 54C | Certain expenditure incurred by foreign PIE equivalents | |
| [Repealed] | |
| DB 55 | Expenditure incurred in deriving exempt dividend [Repealed] | |
| | |
| DB 56 | Expenditure incurred in operating motor vehicle under agreement or arrangement affected by section CX 7 | |
| | |
| DB 57 | Payments to spouses, civil union partners, or de facto partners other than for services | |
| | |
| DB 57B | Matching of deductions and income from multi-jurisdictional arrangements | |
| | |
| DB 58 | Adjustment for avoidance arrangements | |
| DB 59 | Market value substituted | |
| | |
| DB 60 | Acquisition of emissions units | |
| DB 60B | Liabilities for emissions | |
| DB 61 | Surrender of certain emissions units for post-1989 forest land emissions | |
| | |
| DB 62 | Deduction for legal expenses | |
| | |
| DB 63 | Expenses in paying dividends | |
| DB 63B | Periodic company registration fees | |
| DB 63C | Meetings of shareholders | |
| | |
| DB 64 | Capital contributions | |
| DB 65 | Allowance for certain commercial buildings [Repealed] | |
| | |
| DB 66 | Feasibility expenditure: spread deduction | |
| DB 67 | Feasibility expenditure: immediate deduction | |
| | |
| DB 68 | Amounts paid for utilities distribution assets | |
| | |
| DC 1 | Lump sum payments on retirement | |
| DC 2 | Pension payments to former employees | |
| DC 3 | Pension payments to former partners | |
| DC 3B | Payments to working owners | |
| DC 4 | Payments to working partners | |
| DC 5 | Payments to spouses, civil union partners, or de facto partners: services | |
| DC 6 | Contributions to employees’ benefit funds | |
| DC 7 | Contributions to employees’ superannuation schemes | |
| DC 8 | Attribution of personal services | |
| DC 9 | Restrictive covenants or exit inducements | |
| DC 10 | Disposal of business: transferred employment income obligations | |
| DC 11 | Transfers of employment income obligations to associates | |
| DC 12 | Loans to employees under share purchase schemes [Repealed] | |
| DC 13 | Criteria for approval of share purchase schemes: before period of restriction ends [Repealed] | |
| DC 14 | Criteria for approval of share purchase schemes: when period of restriction ends [Repealed] | |
| DC 15 | Some definitions [Repealed] | |
| | |
| DD 1 | Entertainment expenditure generally | |
| DD 2 | Limitation rule | |
| DD 3 | When limitation rule does not apply | |
| DD 4 | Employment-related activities | |
| DD 5 | Promoting businesses, goods, or services | |
| DD 6 | Entertainment as business or for charitable purpose | |
| DD 7 | Entertainment outside New Zealand | |
| DD 8 | Entertainment that is income or fringe benefit | |
| DD 9 | Relationship with fringe benefit tax rules | |
| DD 10 | Interpretation: reimbursement and apportionment | |
| DD 11 | Some definitions | |
| | |
| | |
| DE 1 | What this subpart does | |
| DE 2 | Deductions for business use | |
| DE 2B | Election to use kilometre rate method or costs method | |
| DE 3 | Methods for calculating proportion of business use | |
| DE 4 | Default method for calculating proportion of business use | |
| | |
| DE 5 | Actual records | |
| | |
| DE 6 | Using logbook for test period | |
| DE 7 | Logbook requirements | |
| DE 8 | Logbook term | |
| DE 9 | Inadequate logbook | |
| DE 10 | Variance during logbook term | |
| DE 11 | Replacement vehicles | |
| | |
| DE 12 | Kilometre rate method | |
| | |
| DF 1 | Government grants to businesses | |
| DF 2 | Repayment of grant-related suspensory loans | |
| DF 3 | Identifying expenditure for purposes of sections DF 1 and DF 2 | |
| DF 4 | Payments for social rehabilitation | |
| DF 5 | Government funding additional to government screen production payments | |
| | |
| | |
| DG 1 | What this subpart does | |
| DG 2 | Application of this subpart | |
| DG 3 | Meaning of asset for this subpart | |
| DG 4 | Meaning of private use for this subpart | |
| DG 5 | Meaning and treatment of interest expenditure for this subpart | |
| DG 6 | Associated persons: company rule modified | |
| | |
| DG 7 | Expenditure related to income-earning use | |
| DG 8 | Expenditure limitation rule | |
| DG 9 | Apportionment formula | |
| | |
| DG 10 | Interest expenditure rules | |
| DG 11 | Interest expenditure: close companies | |
| DG 12 | Interest expenditure: group companies | |
| DG 13 | Interest expenditure: corporate shareholders | |
| DG 14 | Interest expenditure: non-corporate shareholders | |
| | |
| DG 15 | Quarantined expenditure rules | |
| DG 16 | Quarantined expenditure when asset activity negative | |
| DG 17 | Allocation of amounts quarantined under section DG 16 | |
| DG 18 | Quarantined expenditure: group companies and shareholders | |
| DG 19 | Allocation of amounts quarantined under section DG 18 | |
| | |
| DG 20 | When income cannot be separately attributed | |
| DG 21 | Opting out of treatment under this subpart | |
| DG 22 | Application of rules to part years | |
| | |
| DH 1 | Interest related to certain land | |
| DH 2 | When this subpart applies | |
| DH 3 | When this subpart applies: companies | |
| DH 4 | When this subpart does not apply: exemptions for new builds, development, social or emergency or transitional housing, and council housing | |
| DH 5 | Key terms | |
| DH 6 | Interposed residential property percentage | |
| DH 7 | Grandparented residential interest | |
| DH 8 | Deduction not allowed | |
| DH 9 | Exception to limited denial of deductions: loans denominated in foreign currencies [Repealed] | |
| DH 10 | Limited denial of deductibility: simplified calculation of interest affected | |
| DH 11 | Denied amounts: treatment upon disposal of disallowed residential property | |
| DH 12 | Valuation | |
| | |
| | |
| DN 1 | Attributed controlled foreign company loss | |
| DN 2 | When attributed CFC loss arises | |
| DN 3 | Calculation of attributed CFC loss | |
| DN 4 | Ring-fencing cap on deduction | |
| | |
| DN 5 | Foreign investment fund loss | |
| DN 6 | When FIF loss arises | |
| DN 7 | Calculation of FIF loss | |
| DN 8 | Ring-fencing cap on deduction: attributable FIF income method | |
| DN 9 | Treatment of certain costs incurred in acquiring FIF interests | |
| | |
| | |
| DO 1 | Enhancements to land | |
| DO 2 | Plantings for erosion, shelter, and water protection purposes | |
| DO 3 | Trees on farms | |
| DO 4 | Improvements to farm land | |
| DO 5 | Expenditure on land: planting of listed horticultural plants | |
| DO 6 | Expenditure on land: horticultural replacement planting | |
| DO 7 | Accounting for expenditure on listed horticultural plants under sections DO 5 and DO 6 | |
| DO 8 | Meaning of planting and plot | |
| DO 9 | Meaning of replaced area fraction | |
| DO 10 | Farming or horticulture expenditure of lessor or sublessor | |
| DO 11 | Improvement destroyed or made useless | |
| DO 11B | Entering partners’ livestock deduction [Repealed] | |
| | |
| DO 12 | Improvements to aquacultural business | |
| DO 13 | Improvement destroyed or made useless | |
| | |
| DP 1 | Expenditure of forestry business | |
| DP 2 | Plant or machinery | |
| DP 3 | Improvements to forestry land | |
| DP 4 | Improvement destroyed or made useless | |
| DP 5 | Forestry encouragement agreement: deductions | |
| DP 6 | Forestry encouragement agreement: no deduction | |
| DP 7 | Land contouring: no deduction | |
| DP 8 | Forestry business on land acquired from the Crown, Maori owners, or holding company: no deduction | |
| DP 9 | Cost of acquiring timber: forestry business on land acquired from the Crown, Maori owners, or holding company | |
| DP 9B | Treaty of Waitangi claim settlements: rights to take timber | |
| DP 10 | Cost of acquiring timber or right to take timber: other cases | |
| DP 11 | Cost of timber | |
| | |
| DQ 1 | Main income equalisation scheme | |
| DQ 2 | Adverse event income equalisation scheme [Repealed] | |
| DQ 3 | Thinning operations income equalisation scheme | |
| DQ 4 | Environmental restoration accounts scheme | |
| | |
| DR 1 | Policyholder base allowable deduction of life insurer | |
| DR 2 | Shareholder base allowable deduction of life insurer | |
| DR 3 | Life reinsurance premiums to reinsurer outside New Zealand | |
| DR 4 | Life insurers’ claims | |
| | |
| DS 1 | Acquiring film rights | |
| DS 2 | Film production expenditure | |
| DS 2B | Expenditure when film or film right intended for disposal | |
| DS 3 | Clawback of deductions for film reimbursement schemes | |
| DS 4 | Meaning of film reimbursement scheme | |
| | |
| | |
| DT 1A | Ring-fenced allocations | |
| DT 1 | Petroleum exploration expenditure | |
| DT 2 | Arrangement for petroleum exploration expenditure and disposal of property | |
| DT 3 | Acquisition of privileges and permits | |
| DT 4 | Acquisition of exploratory material | |
| | |
| DT 5 | Petroleum development expenditure | |
| DT 6 | Expenditure on petroleum mining assets | |
| DT 7 | Exploratory well expenditure | |
| DT 7B | Resuming commercial production: petroleum development expenditure | |
| DT 8 | Acquisition of certain petroleum mining assets | |
| DT 9 | Disposal of petroleum mining asset to associate | |
| DT 10 | Disposal of petroleum mining asset outside association | |
| DT 11 | Association ending | |
| | |
| DT 12 | Damage to assets | |
| DT 13 | Disposal of ownership interests in controlled petroleum mining entities | |
| DT 14 | Farm-out arrangements | |
| DT 15 | Persons associated with petroleum miner | |
| DT 16 | Decommissioning | |
| | |
| DT 17 | Attribution of expenditure | |
| DT 18 | Replacement permits | |
| DT 19 | Partnership interests and disposal of part of asset | |
| DT 20 | Petroleum mining operations outside New Zealand | |
| | |
| DU 1 | Mining expenditure: prospecting and exploration expenditure | |
| DU 2 | Mining expenditure: rehabilitation expenditure | |
| DU 3 | Acquisition of land for mining operations | |
| DU 4 | Acquisition of mineral mining assets | |
| DU 5 | Farm-out arrangements | |
| DU 6 | Deduction for certain mining expenditure spread over assumed life of mine | |
| DU 7 | Deduction for certain mining expenditure spread on basis of units of production | |
| | |
| DU 8 | Classes of mineral mining expenditure | |
| DU 9 | Some definitions | |
| DU 10 | Meaning of mining exploration expenditure | |
| DU 11 | Meaning of mining development expenditure: exclusion of operational expenditure | |
| DU 12 | Meaning of mining rehabilitation expenditure | |
| | |
| | |
| DV 1 | Publicising superannuation funds | |
| DV 2 | Transfer of expenditure to master fund | |
| DV 3 | Formula for calculating maximum deduction | |
| DV 4 | Carry forward of expenditure | |
| DV 4B | Carry forward of expenditure by member funds investing in portfolio investment entities | |
| | |
| DV 5 | Investment funds: transfer of expenditure to master funds | |
| DV 6 | Formula for calculating maximum deduction | |
| DV 7 | Carry forward of expenditure | |
| DV 8 | Non-profit organisations | |
| DV 9 | Trusts | |
| DV 10 | Building societies | |
| DV 11 | Distribution to member of co-operative company, excluded from being dividend | |
| DV 12 | Maori authorities: donations | |
| DV 13 | Group companies | |
| DV 14 | Amalgamated company: expenditure on improvements for farming, horticultural, aquacultural, and forestry businesses | |
| DV 15 | Amalgamated companies: property passing on resident’s restricted amalgamation | |
| DV 16 | Consolidated groups: intra-group transactions | |
| DV 17 | Consolidated groups: expenditure or loss incurred by group companies | |
| DV 18 | Statutory producer boards and co-operative companies | |
| DV 18B | Cost base for shares when debt remitted within economic group | |
| DV 19 | Association rebates | |
| | |
| DV 20 | Partners | |
| DV 21 | Losses for QCs entering partnership regime | |
| | |
| DV 22 | Owners of look-through companies | |
| DV 23 | Losses for QCs entering look-through companies rules | |
| | |
| DV 24 | Losses for QCs becoming sole traderships | |
| DV 25 | Hedging of currency movements in Australian non-attributing shares and attributing FDR method interests | |
| | |
| DV 26 | Deduction for reinstatement of R&D tax losses | |
| | |
| DV 27 | Employee share schemes | |
| DV 28 | Exempt employee share schemes | |
| | |
| DW 1 | Airport operators | |
| DW 2 | Bloodstock racing | |
| DW 3 | Non-resident general insurers and shippers | |
| DW 3B | Lloyd’s of London: deductions for life insurance business | |
| DW 4 | Deduction for general insurance outstanding claims reserve | |
| DW 5 | Aircraft operators: aircraft engines and aircraft engine overhauls | |
| DW 6 | Aircraft operators: payments and adjustments under finance leases | |
| | |
| DX 1 | Testamentary annuities | |
| DX 2 | Tax credits: conduit financing arrangements [Repealed] | |
| DX 3 | Tax credits: supplementary dividend holding companies [Repealed] | |
| | |
| DZ 1 | Commercial bills before 31 July 1986 | |
| DZ 2 | Life insurers acquiring property before 1 April 1988 | |
| DZ 3 | Petroleum mining: development expenditure from 1 October 1990 to 15 December 1991 | |
| DZ 4 | Expenditure on abandoned exploratory well before 16 December 1991 | |
| DZ 5 | Farm-out arrangements for petroleum mining before 16 December 1991 | |
| DZ 6 | Partnership interests and disposal of part of asset before 16 December 1991 | |
| DZ 7 | Petroleum mining operations outside New Zealand before 16 December 1991 | |
| DZ 8 | Acquiring patent rights before 1 April 1993 | |
| DZ 9 | Premium paid on land leased before 1 April 1993 | |
| DZ 10 | General insurance with risk period straddling 1 July 1993 | |
| DZ 11 | Film reimbursement scheme on or before 30 June 2001 | |
| DZ 12 | Mineral mining: 1954–2005 [Repealed] | |
| DZ 13 | Enhancements to land unamortised at end of 2004–05 year | |
| DZ 14 | Deductions under specified leases | |
| DZ 15 | Patent applications before 1 April 2005 | |
| DZ 16 | Geothermal wells between 31 March 2003 and 17 May 2006 | |
| DZ 17 | Expenditure on improvements to aquacultural business before 1995–96 income year | |
| DZ 18 | Expenditure on improvements to forestry land before 1995–96 income year | |
| DZ 19 | Attributed CFC loss carried back under section EZ 32C [Repealed] | |
| DZ 20 | Expenditure incurred while income-earning activity interrupted by Canterbury earthquake | |
| DZ 21 | Transfer in 2013–14 income year of assets to which subpart DG applies | |
| DZ 22 | Aircraft maintenance: aircraft engines acquired before 2017–18 income year | |
| DZ 23 | Aircraft maintenance: tax accounting provisions for expenditure incurred after 2016–17 income year | |
| | |
| | |
| EA 1 | Trading stock, livestock, and excepted financial arrangements | |
| EA 2 | Other revenue account property | |
| EA 3 | Prepayments | |
| EA 4 | Deferred payment of employment income | |
| | |
| | |
| EB 1 | When this subpart applies | |
| EB 2 | Meaning of trading stock | |
| EB 3 | Valuation of trading stock | |
| EB 4 | Trading stock valuation methods | |
| EB 5 | Transfers of trading stock within wholly-owned groups | |
| | |
| EB 6 | Cost | |
| EB 7 | Cost allocation: cost-flow method | |
| EB 8 | Cost allocation: budgeted method or standard cost method | |
| EB 9 | Discounted selling price | |
| EB 10 | Replacement price | |
| EB 11 | Market selling value | |
| EB 12 | Valuing closing stock consistently | |
| | |
| EB 13 | Low-turnover valuation | |
| EB 14 | Low-turnover valuation methods | |
| EB 15 | Cost for low-turnover traders | |
| EB 16 | Cost allocation: cost-flow method for low-turnover traders | |
| EB 17 | Costs: manufactured or produced stock of low-turnover traders | |
| EB 18 | Costs: other stock of low-turnover traders | |
| EB 19 | Discounted selling price for low-turnover traders | |
| EB 20 | Replacement price for low-turnover traders | |
| EB 21 | Market selling value for low-turnover traders | |
| EB 22 | Valuing closing stock consistently for low-turnover traders | |
| | |
| EB 23 | Valuing closing stock under $10,000 | |
| | |
| EB 24 | Apportionment on disposal of business assets that include trading stock | |
| | |
| | |
| EC 1 | Application of this subpart | |
| EC 2 | Valuation of livestock | |
| EC 3 | Livestock valuation methods | |
| EC 4 | Transfers of livestock within wholly-owned groups | |
| EC 4B | Compulsory use of herd scheme method for associated persons | |
| EC 4C | Value and timing of transfers | |
| EC 5 | Transfer of livestock because of self-assessed adverse event | |
| | |
| EC 6 | Application of sections EC 7 to EC 27 | |
| EC 7 | Valuation methods | |
| EC 8 | Restrictions arising from use of herd scheme | |
| EC 9 | Restrictions on use of national standard cost scheme | |
| EC 10 | Restrictions on use of cost price method | |
| EC 11 | Restrictions on making of elections | |
| EC 12 | Interests in livestock | |
| EC 13 | Changes in partnership interests | |
| | |
| EC 14 | Herd scheme | |
| EC 15 | Determining national average market values | |
| EC 16 | Valuation under herd scheme | |
| EC 17 | Herd value ratio | |
| EC 18 | Inaccurate herd value ratio | |
| EC 19 | Chatham Islands adjustment to herd value | |
| EC 20 | Herd livestock disposed of before values determined | |
| EC 21 | Herd livestock on death before values determined [Repealed] | |
| | |
| EC 22 | National standard cost scheme | |
| EC 23 | Determining national standard costs | |
| EC 24 | Methods for determining costs using national standard cost scheme | |
| | |
| EC 25 | Cost price, replacement price, or market value | |
| EC 26 | Bailee’s treatment of livestock | |
| | |
| EC 26B | Entering partners’ cost base | |
| | |
| EC 27 | Some definitions | |
| | |
| EC 28 | Application of sections EC 29 to EC 31 | |
| EC 29 | Determining standard values | |
| EC 30 | Closing value methods | |
| EC 31 | Enhanced production | |
| | |
| EC 32 | Application of sections EC 33 to EC 37 | |
| EC 33 | Determining depreciation percentages | |
| EC 34 | General rule | |
| EC 35 | Livestock reaching national average market value and livestock no longer used for breeding | |
| EC 36 | Immature livestock and recently acquired livestock | |
| EC 37 | Bailment | |
| | |
| EC 38 | Application of sections EC 39 to EC 48 | |
| EC 39 | First income year in breeding business | |
| EC 39B | Stud-founding bloodstock and related terms | |
| EC 39C | Setting and publication of national minimum price threshold | |
| EC 40 | Later income years in breeding business | |
| EC 41 | Reduction: bloodstock not previously used for breeding in New Zealand other than as shuttle stallions | |
| EC 42 | Reduction: bloodstock previously used for breeding in New Zealand | |
| EC 43 | Accident, birth deformity, or infertility | |
| EC 44 | Other bloodstock | |
| EC 45 | Residual value of bloodstock | |
| EC 46 | Use of bloodstock for racing | |
| EC 47 | Change of use of bloodstock in course of business | |
| EC 47B | Removal of high-priced bloodstock from New Zealand after earlier deductions | |
| EC 47C | When prospective breeders treated as being in breeding business | |
| EC 47D | Change of prospective bloodstock breeders’ expectation or intention after earlier deductions | |
| EC 47E | Prospective breeders commencing actual breeding businesses | |
| EC 48 | Replacement breeding stock | |
| | |
| ED 1 | Valuation of excepted financial arrangements | |
| ED 1B | Valuation of emissions units issued for zero price | |
| ED 2 | Transfers of certain excepted financial arrangements within wholly-owned groups | |
| ED 2B | Transfers to shareholders by ASX-listed Australian company of shares in subsidiary | |
| ED 3 | Part-year tax calculations for transfers: general insurance OCR | |
| ED 4 | Valuation of certain excepted financial arrangements denominated in foreign currency | |
| | |
| | |
| EE 1 | What this subpart does | |
| | |
| EE 2 | Nature of ownership of item | |
| EE 3 | Ownership of goods subject to reservation of title | |
| EE 4 | Ownership of lessee’s improvements: lessee | |
| EE 5 | Ownership of lessee’s improvements: other person | |
| | |
| EE 6 | What is depreciable property? | |
| EE 7 | What is not depreciable property? | |
| EE 8 | Election that property not be depreciable | |
| | |
| EE 9 | Description of elements of calculation | |
| EE 10 | Calculation rule: item temporarily not available | |
| EE 11 | Calculation rule: income year in which item disposed of | |
| | |
| EE 12 | Depreciation methods | |
| | |
| EE 13 | Application of sections EE 14 to EE 19 | |
| EE 14 | Diminishing value or straight-line method: calculating amount of depreciation loss | |
| EE 15 | Amount of adjusted tax value | |
| EE 16 | Amount resulting from standard calculation | |
| EE 17 | Amount resulting from petroleum-related depreciable property calculation | |
| EE 18 | Cost: change from diminishing value to straight-line method | |
| EE 18B | Cost: some depreciable intangible property | |
| EE 19 | Cost: fixed life intangible property | |
| | |
| EE 20 | Application of sections EE 21 to EE 24 | |
| EE 21 | Pool method: calculating amount of depreciation loss | |
| EE 22 | Cases affecting pool | |
| EE 23 | Combined pools | |
| EE 24 | Property ceasing to qualify for pool | |
| EE 25 | Depreciation loss for plant variety rights application granted in 2005–06 or later income year | |
| | |
| EE 26 | Setting of economic depreciation rate | |
| EE 27 | Economic rate for certain depreciable property | |
| EE 28 | Economic rate for buildings | |
| EE 29 | Economic rate for certain aircraft and motor vehicles | |
| EE 30 | Economic rate for plant, equipment, or building, with high residual value | |
| EE 31 | Annual rate for item acquired in person’s 1995–96 or later income year | |
| EE 32 | Election in relation to certain depreciable property acquired on or after 1 April 2005 | |
| EE 33 | Annual rate for fixed life intangible property | |
| EE 34 | Annual rate for patent granted in 2005–06 or later income year | |
| EE 34B | Annual rate for design registrations | |
| EE 35 | Special rate or provisional rate | |
| EE 36 | Using economic rate or provisional rate instead of special rate | |
| | |
| EE 37 | Improvements | |
| EE 38 | Items of low value | |
| EE 39 | Items no longer used | |
| | |
| EE 40 | Transfer of depreciable property on or after 24 September 1997 | |
| EE 41 | Transfer of depreciable property on certain amalgamations on or after 14 May 2002 | |
| EE 42 | Transfer of radiocommunications licence right on or after 24 September 1997 | |
| EE 43 | Transfer of depreciable intangible property on or after 1 July 1997 | |
| | |
| EE 44 | Application of sections EE 48 to EE 51 | |
| EE 45 | Consideration for purposes of section EE 44 | |
| EE 46 | Items for purposes of section EE 44 | |
| EE 47 | Events for purposes of section EE 44 | |
| EE 48 | Effect of disposal or event | |
| EE 49 | Amount of depreciation recovery income when item partly used for business | |
| EE 50 | Amount of depreciation loss when item partly used to produce income | |
| EE 51 | Amount of depreciation recovery income when lost or stolen items recovered | |
| EE 52 | Amount of depreciation recovery income when compensation received | |
| EE 53 | Unused geothermal well brought into use | |
| | |
| EE 54 | Cost: GST | |
| | |
| EE 55 | Meaning of adjusted tax value | |
| EE 56 | Formula | |
| EE 57 | Base value in section EE 56 when none of sections EE 58, EE 59, and EZ 22(1) applies | |
| EE 58 | Base value in section EE 56 when no previous deduction | |
| EE 59 | Base value in section EE 56 when property is petroleum-related depreciable property | |
| EE 60 | Total deductions in section EE 56 | |
| | |
| EE 61 | Meaning of annual rate | |
| EE 62 | Meaning of depreciable intangible property | |
| EE 63 | Meaning of estimated useful life | |
| EE 64 | Meaning of excluded depreciable property | |
| EE 65 | Meaning of maximum pooling value | |
| EE 66 | Meaning of poolable property | |
| EE 67 | Other definitions | |
| | |
| EF 1 | Fringe benefit tax | |
| EF 2 | Employer’s superannuation contribution tax | |
| EF 3 | Accident compensation levies and premiums | |
| EF 4 | Use of money interest payable by Commissioner | |
| EF 5 | Use of money interest payable by person | |
| EF 6 | Different tax years [Repealed] | |
| | |
| EG 1 | Election to use balance date used in foreign country | |
| EG 2 | Adjustment for changes to accounting practice | |
| EG 3 | Allocation of income, deductions, and tax credits by portfolio tax rate entity [Repealed] | |
| | |
| | |
| EH 1 | Income equalisation schemes | |
| EH 2 | Deposits to be paid into Crown Bank Account | |
| | |
| | |
| EH 3 | Persons to whom main income equalisation scheme applies | |
| | |
| EH 4 | Main deposit | |
| EH 5 | Main income equalisation account | |
| | |
| EH 6 | Interest on deposits in main income equalisation account | |
| | |
| EH 7 | Deduction of deposit | |
| | |
| EH 8 | Refund of excess deposit | |
| EH 9 | Income does not include excess deposit | |
| EH 10 | Refund at end of 5 years | |
| EH 11 | Income when refund given at end of 5 years | |
| | |
| EH 12 | Application for refund by person, trustee of estate, Official Assignee, or liquidator | |
| EH 13 | Refund on application | |
| EH 14 | Income when refund given on application | |
| EH 15 | Refund for development or recovery | |
| EH 16 | Income when refund given for development or recovery | |
| EH 17 | Refund on retirement | |
| EH 18 | Income when refund given on retirement, and election to allocate amount to earlier year | |
| EH 19 | Refund on death | |
| EH 20 | Income when refund given on death | |
| EH 21 | Income when refund given on death, and election to allocate amount to earlier year | |
| EH 22 | Income when refund given on death, and election to allocate amount to later year or years | |
| EH 23 | Refund on bankruptcy | |
| EH 24 | Income when refund given on bankruptcy | |
| EH 25 | Refund on liquidation | |
| EH 26 | Income when refund given on liquidation | |
| | |
| EH 27 | Amendment of assessment | |
| EH 28 | Minimum refund | |
| EH 29 | Deposits from which refunds come | |
| | |
| EH 30 | When person entitled to tax credit | |
| EH 31 | Kind and amount of refund that entitles person to tax credit | |
| EH 32 | Kind of person entitled to tax credit | |
| EH 33 | Amount of tax credit | |
| | |
| EH 34 | Meaning of income from forestry | |
| EH 35 | Meaning of main maximum deposit | |
| EH 36 | Other definitions | |
| [Repealed] | |
| [Repealed] | |
| EH 37 | Persons to whom adverse event income equalisation scheme applies [Repealed] | |
| [Repealed] | |
| EH 38 | Adverse event deposit [Repealed] | |
| EH 39 | Adverse event income equalisation account [Repealed] | |
| [Repealed] | |
| EH 40 | Interest on deposits in adverse event income equalisation account [Repealed] | |
| [Repealed] | |
| EH 41 | Deduction of deposit [Repealed] | |
| [Repealed] | |
| EH 42 | Refund of excess deposit [Repealed] | |
| EH 43 | Income does not include excess deposit [Repealed] | |
| [Repealed] | |
| EH 44 | Application for refund by person, trustee of estate, Official Assignee, or liquidator [Repealed] | |
| EH 45 | Refund on application [Repealed] | |
| EH 46 | Income when refund given on application [Repealed] | |
| EH 47 | Refund on retirement [Repealed] | |
| EH 48 | Income when refund given on retirement, and election to allocate amount to earlier year [Repealed] | |
| EH 49 | Refund on death [Repealed] | |
| EH 50 | Income when refund given on death [Repealed] | |
| EH 51 | Income when refund given on death, and election to allocate amount to earlier year [Repealed] | |
| EH 52 | Income when refund given on death, and election to allocate amount to later year or years [Repealed] | |
| EH 53 | Refund on bankruptcy [Repealed] | |
| EH 54 | Income when refund given on bankruptcy [Repealed] | |
| EH 55 | Refund on liquidation [Repealed] | |
| EH 56 | Income when refund given on liquidation [Repealed] | |
| [Repealed] | |
| EH 57 | Amendment of assessment [Repealed] | |
| EH 58 | Minimum refund [Repealed] | |
| EH 59 | Deposits from which refunds come [Repealed] | |
| [Repealed] | |
| EH 60 | Transfer of deposit [Repealed] | |
| [Repealed] | |
| EH 61 | Meaning of adverse event maximum deposit [Repealed] | |
| EH 62 | Other definitions [Repealed] | |
| | |
| | |
| EH 63 | Persons to whom thinning operations income equalisation scheme applies | |
| | |
| EH 64 | Thinning operations deposit | |
| EH 65 | Thinning operations income equalisation account | |
| | |
| EH 66 | Interest on deposits in thinning operations income equalisation account | |
| | |
| EH 67 | Deduction of deposit | |
| | |
| EH 68 | Refund of excess deposit | |
| EH 69 | Income does not include excess deposit | |
| | |
| EH 70 | Application for refund by person or liquidator | |
| EH 71 | Refund on application | |
| EH 72 | Income when refund given on application | |
| EH 73 | Refund for development or recovery | |
| EH 74 | Income when refund given for development or recovery | |
| EH 75 | Refund on liquidation | |
| EH 76 | Income when refund given on liquidation | |
| | |
| EH 77 | Sections of main income equalisation scheme that apply to thinning operations income equalisation scheme | |
| | |
| EH 78 | Meaning of thinning operations maximum deposit | |
| EH 79 | Other definitions | |
| | |
| | |
| EI 1 | Spreading backward of income from timber | |
| | |
| EI 2 | Interest from inflation-indexed instruments | |
| | |
| EI 3 | Assigning or granting copyright | |
| EI 4 | Spreading income from patent rights | |
| | |
| EI 4B | Consideration for agreement to grant, renew, extend, or transfer leasehold estate or licence | |
| EI 5 | Amount paid to lessor for non-compliance with covenant for repair | |
| EI 6 | Amount paid for non-compliance: when lessor ceases to own land | |
| EI 7 | Leases: income derived in anticipation | |
| EI 8 | Disposal of land to the Crown | |
| | |
| EI 9 | Matching rule for employment income of shareholder-employee | |
| | |
| | |
| EJ 1 | Spreading backward of deductions for costs of timber | |
| EJ 2 | Spreading forward of deductions for repairs to fishing boats | |
| EJ 3 | Spreading forward of fertiliser expenditure | |
| | |
| EJ 4 | Expenditure incurred in acquiring film rights in feature films | |
| EJ 5 | Expenditure incurred in acquiring film rights in films other than feature films | |
| EJ 6 | Certification of New Zealand films | |
| EJ 7 | Film production expenditure for New Zealand films having no large budget film grant | |
| EJ 8 | Film production expenditure for other films having no large budget film grant | |
| EJ 9 | Avoidance arrangements | |
| | |
| EJ 10 | Personal property lease payments | |
| EJ 10B | IFRS leases | |
| EJ 11 | Amount paid by lessee for non-compliance with covenant for repair | |
| | |
| EJ 12 | Petroleum development expenditure: default allocation rule | |
| EJ 12B | Petroleum development expenditure: reserve depletion method | |
| EJ 13 | Permanently ceasing petroleum mining operations | |
| EJ 13B | Dry well drilled | |
| EJ 13C | Well not producing | |
| EJ 14 | Spreading deduction backwards [Repealed] | |
| EJ 15 | Disposal of petroleum mining asset | |
| EJ 16 | Disposal of petroleum mining asset to associate | |
| EJ 17 | Partnership interests and disposal of part of asset | |
| EJ 18 | Petroleum mining operations outside New Zealand | |
| | |
| EJ 19 | Meaning of offshore development [Repealed] | |
| EJ 20 | Meaning of petroleum mining development | |
| | |
| EJ 20B | Certain mining expenditure spread over assumed life of mine | |
| EJ 20C | Length of spreading period | |
| EJ 20D | Measurement of assumed life of mine and application to rate | |
| EJ 20E | Certain mining expenditure spread on basis of units of production | |
| | |
| EJ 21 | Contributions to employees’ superannuation schemes | |
| | |
| EJ 22 | Deductions for market development: product of research, development | |
| EJ 23 | Allocation of deductions for research, development, and resulting market development | |
| | |
| EJ 24 | Allocation of expenditure on aircraft engine overhauls | |
| EJ 25 | Allocation of expenditure on aircraft engine overhauls: election by IFRS user | |
| EJ 26 | Allocation of expenditure on aircraft engine overhauls: election by operator of single aircraft | |
| EJ 27 | Disposal of aircraft engine or aircraft | |
| | |
| EK 1 | Payment to Crown Bank Account | |
| EK 2 | Persons who may make payment to environmental restoration account | |
| EK 3 | Payments to environmental restoration account | |
| EK 4 | Environmental restoration account | |
| EK 5 | Details to be provided with payment to environmental restoration account | |
| EK 6 | Interest on payments to environmental restoration account | |
| EK 7 | Deduction for payment | |
| EK 8 | Deduction for transfer | |
| EK 9 | Refund of payment if excess, lacking details | |
| EK 10 | Certain refunds not income | |
| EK 11 | Application for refund | |
| EK 12 | Refund if application or excess balance | |
| EK 13 | Income when refund given on application | |
| EK 14 | Application for transfer | |
| EK 15 | Transfer on application | |
| EK 16 | Transfer on death, bankruptcy, or liquidation | |
| EK 17 | Minimum refund or transfer | |
| EK 18 | Payments from which refunds come | |
| EK 19 | Environmental restoration account of amalgamating company | |
| EK 20 | Environmental restoration account of consolidated group company | |
| EK 21 | Notices in electronic format | |
| EK 22 | Meaning of maximum payment | |
| EK 23 | Other definitions | |
| | |
| | |
| EL 1 | Outline of subpart: general | |
| EL 2 | Outline of subpart: specific provisions | |
| EL 3 | Definitions for this subpart | |
| | |
| EL 4 | Allocation of deductions for loss-making residential rental properties | |
| EL 5 | When residential portfolios sold | |
| EL 6 | Choosing to apply rules on property-by-property basis | |
| EL 7 | When property A sold | |
| EL 8 | Treatment of previously transferred amounts on fully-taxed disposals [Repealed] | |
| | |
| EL 9 | Main home exclusion | |
| EL 10 | Exclusion for land held on revenue account | |
| EL 11 | Exclusion for property held by certain persons and entities | |
| EL 12 | Exclusion for mixed-use assets | |
| EL 13 | Exclusion for property provided as employee accommodation | |
| | |
| EL 14 | Continuity rules for companies | |
| EL 15 | Transfers between companies in wholly-owned groups | |
| | |
| EL 16 | Interests in residential land-rich entities | |
| EL 17 | Calculations for section EL 16 | |
| EL 18 | Modifications when entities transparent | |
| EL 19 | Valuation of assets | |
| | |
| EL 20 | Allocation of deductions related to bright-line disposals of residential land | |
| | |
| EM 1 | Australian non-attributing shares and attributing FDR method interests | |
| EM 2 | Who does this subpart apply to? | |
| EM 3 | What hedges does this subpart apply to? | |
| EM 4 | Elections | |
| EM 5 | Fair dividend rate hedge portions: hedge-by-hedge methods | |
| EM 5B | Fair dividend rate hedge portions: portfolio method | |
| EM 6 | Income and expenditure for fair dividend rate hedge portions | |
| EM 7 | Quarterly test of fair dividend rate hedge portions | |
| EM 8 | Some definitions | |
| | |
| | |
| EW 1 | What this subpart does | |
| EW 2 | Relationship of financial arrangements rules with other provisions | |
| | |
| EW 3 | What is a financial arrangement? | |
| EW 4 | What is not a financial arrangement? | |
| EW 5 | What is an excepted financial arrangement? | |
| EW 6 | Relationship between financial arrangements and excepted financial arrangements | |
| EW 7 | Change from private or domestic purpose | |
| EW 8 | Election to treat certain excepted financial arrangements as financial arrangements | |
| | |
| EW 9 | Persons to whom financial arrangements rules apply | |
| EW 10 | Financial arrangements to which financial arrangements rules apply | |
| EW 11 | What financial arrangements rules do not apply to | |
| | |
| EW 12 | When use of spreading method required | |
| EW 13 | When use of spreading method not required | |
| EW 14 | What spreading methods do | |
| EW 15 | What is included when spreading methods used | |
| EW 15B | Applying IFRSs to financial arrangements | |
| EW 15C | Preparing and reporting methods | |
| EW 15D | IFRS financial reporting method | |
| EW 15E | Determination alternatives | |
| EW 15F | Expected value method | |
| EW 15G | Modified fair value method | |
| EW 15H | Mandatory use of some determinations | |
| EW 15I | Mandatory use of yield to maturity method for some arrangements | |
| EW 16 | Yield to maturity method or alternative | |
| EW 17 | Straight-line method | |
| EW 18 | Market valuation method | |
| EW 19 | Choice among some spreading methods | |
| EW 20 | Determination method or alternative | |
| EW 21 | Financial reporting method | |
| EW 22 | Default method | |
| EW 23 | Failure to use method for financial reporting purposes | |
| EW 24 | Consistency of use of spreading method | |
| EW 25 | Consistency of use of straight-line method and market valuation method | |
| EW 25B | Consistency of use of IFRS method | |
| EW 26 | Change of spreading method | |
| EW 27 | Spreading method adjustment formula | |
| | |
| EW 28 | How base price adjustment calculated | |
| EW 29 | When calculation of base price adjustment required | |
| EW 30 | When calculation of base price adjustment not required | |
| EW 31 | Base price adjustment formula | |
| | |
| | |
| EW 32 | Consideration for agreement for sale and purchase (ASAP) of property or services, hire purchase agreement, specified option, or finance lease | |
| EW 33 | Consideration for hire purchase agreement or finance lease | |
| EW 33B | Foreign ASAPs: designated FX hedges | |
| EW 33C | Consideration in foreign currency: some agreements for sale and purchase | |
| EW 33D | Foreign ASAPs: contingencies for business combinations | |
| EW 34 | Consideration in foreign currency | |
| EW 35 | Value relevant for non-financial arrangements rule | |
| | |
| EW 36 | Consideration when person exits from rules: accrued entitlement | |
| EW 37 | Consideration when person enters rules: accrued obligation | |
| EW 38 | Consideration when disposal for no, or inadequate, consideration | |
| EW 39 | Consideration affected by unfavourable factors | |
| | |
| EW 40 | Consideration when person exits from rules: accrued obligation | |
| EW 41 | Consideration when person enters rules: accrued entitlement | |
| EW 42 | Consideration when acquisition for no, or inadequate, consideration | |
| EW 43 | Consideration when debt disposed of at discount to associate of debtor | |
| EW 44 | Consideration when debt forgiven for natural love and affection | |
| EW 45 | Consideration when debtor released from obligation | |
| EW 46 | Consideration when debtor released as condition of new start grant [Repealed] | |
| EW 46B | Consideration when party changes from fair value method | |
| EW 46C | Consideration when debt remitted within economic group | |
| EW 46D | Consideration when insolvent company’s debt repaid with consideration received for issuing shares | |
| | |
| EW 47 | Legal defeasance | |
| | |
| EW 47B | Cessation of LTCs and dissolution of partnerships | |
| | |
| EW 48 | Anti-avoidance provisions | |
| | |
| EW 49 | Income and deduction when debt disposed of at discount to associate of debtor | |
| EW 49B | Guarantees for associated persons | |
| EW 50 | Income when debt forgiven to trustee | |
| EW 51 | Deduction for security payment | |
| | |
| EW 52 | Share supplier under share-lending arrangement | |
| EW 52B | Excepted financial arrangements involving pre-1990 forest land emissions units | |
| | |
| EW 53 | Adjustment required | |
| | |
| EW 54 | Meaning of cash basis person | |
| EW 55 | Effect of being cash basis person | |
| EW 56 | Natural person [Repealed] | |
| EW 57 | Thresholds | |
| EW 58 | Financial arrangements, income, and expenditure relevant to criteria | |
| EW 59 | Exclusion by Commissioner | |
| EW 60 | Trustee of deceased’s estate | |
| EW 61 | Election to use spreading method | |
| EW 62 | When and how calculation of cash basis adjustment required | |
| EW 63 | Cash basis adjustment formula | |
| | |
| | |
| | |
| EX 1 | Meaning of controlled foreign company | |
| | |
| EX 2 | Four categories for calculating control interests | |
| EX 3 | Control interest: total of direct, indirect, and associated person interests | |
| EX 4 | Limits to requirement to include associated person interests | |
| EX 5 | Direct control interests | |
| EX 6 | Direct control interests include options and similar rights | |
| EX 7 | Indirect control interests | |
| | |
| EX 8 | Income interests: total of direct and indirect interests | |
| EX 9 | Direct income interests | |
| EX 10 | Indirect income interests | |
| EX 11 | Options and similar rights in certain cases | |
| EX 12 | Reduction of total income interests | |
| EX 13 | Income interests of partners [Repealed] | |
| | |
| EX 14 | Attribution: 10% threshold, not PIE | |
| EX 15 | Associates and 10% threshold | |
| EX 16 | Income interests for certain purposes | |
| EX 17 | Income interest if variations within period | |
| | |
| EX 18A | Scheme for finding person’s attributed CFC income or loss | |
| EX 18 | Formula for calculating attributed CFC income or loss | |
| EX 19 | Taxable distribution from non-complying trust | |
| EX 20 | Reduction in attributed CFC loss | |
| | |
| EX 20B | Attributable CFC amount | |
| EX 20C | Net attributable CFC income or loss | |
| EX 20D | Adjustment of cost fraction for excessively debt funded CFC | |
| EX 20E | Relative debt-asset ratio for CFC | |
| [Repealed] | |
| EX 21 | Attributable CFC amount and net attributable CFC income or loss: calculation rules | |
| | |
| EX 21B | Non-attributing active CFCs | |
| | |
| EX 21C | Applicable accounting standards for section EX 21E | |
| EX 21D | Non-attributing active CFC: default test | |
| EX 21E | Non-attributing active CFC: test based on accounting standard | |
| EX 21F | Part-period calculations | |
| | |
| EX 22 | Non-attributing Australian CFCs | |
| EX 23 | Tax concession grey list CFCs [Repealed] | |
| | |
| EX 24 | Companies moving to or from New Zealand | |
| | |
| EX 25 | Change of CFC’s balance date | |
| | |
| EX 26 | Use of quarterly measurement | |
| | |
| EX 27 | Anti-avoidance rule: stapled stock | |
| | |
| | |
| EX 28 | Meaning of FIF | |
| | |
| EX 29 | Attributing interests in FIFs | |
| EX 30 | Direct income interests in FIFs | |
| EX 31 | Exemption for ASX-listed Australian companies | |
| EX 32 | Exemption for Australian unit trusts with adequate turnover or distributions | |
| EX 33 | Exemption for Australian regulated superannuation savings | |
| EX 34 | CFC rules exemption | |
| EX 35 | Exemption for interest in FIF resident in Australia | |
| EX 36 | Venture capital company emigrating to grey list country: 10-year exemption | |
| EX 37 | Grey list company owning New Zealand venture capital company: 10-year exemption | |
| EX 37B | Share in grey list company acquired under venture investment agreement | |
| EX 38 | Exemptions for employee share schemes | |
| EX 39 | Terminating exemption for grey list company with numerous New Zealand shareholders [Repealed] | |
| EX 40 | Foreign exchange control exemption | |
| EX 41 | Income interest of non-resident or transitional resident | |
| EX 42 | New resident’s accrued superannuation entitlement exemption [Repealed] | |
| EX 42B | Interests in foreign superannuation scheme other than FIF superannuation interests | |
| EX 43 | Non-resident’s pension or annuity exemption | |
| | |
| EX 44 | Five calculation methods | |
| EX 45 | Exclusion of amounts of death benefit | |
| EX 46 | Limits on choice of calculation methods | |
| EX 47 | Method required for certain non-ordinary shares | |
| EX 47B | Method required for shares subject to certain returning share transfers | |
| EX 48 | Default calculation method | |
| EX 49 | Accounting profits method [Repealed] | |
| EX 50 | Attributable FIF income method | |
| EX 51 | Comparative value method | |
| EX 52A | Fair dividend rate method: use of different forms | |
| EX 52 | Fair dividend rate annual method | |
| EX 53 | Fair dividend rate periodic method | |
| EX 54 | Fair dividend rate method and cost method: when periods affected by share reorganisations | |
| EX 55 | Deemed rate of return method | |
| EX 56 | Cost method | |
| EX 57 | Conversion of foreign currency amounts: most methods | |
| EX 58 | Additional FIF income or loss if CFC owns FIF | |
| | |
| EX 59 | Codes: comparative value method, deemed rate of return method, fair dividend rate method, and cost method | |
| EX 60 | Top-up FIF income: deemed rate of return method | |
| EX 61 | Top-up FIF income: 1 April 1993 uplift interests | |
| | |
| EX 62 | Limits on changes of method | |
| EX 63 | Consequences of changes in method | |
| | |
| EX 64 | Migration of persons holding FIF interests | |
| EX 65 | Changes in application of FIF exemptions | |
| EX 66 | Entities emigrating from New Zealand | |
| EX 66B | Entities ceasing to be FIFs | |
| EX 67 | FIF rules first applying to interest on or after 1 April 2007 | |
| EX 67B | Revaluation of inherited interests in grey list companies | |
| | |
| EX 68 | Measurement of cost | |
| | |
| EX 69 | Change of FIF’s balance date | |
| | |
| EX 70 | Market value of life policy and superannuation entitlements | |
| EX 71 | Non-market transactions in FIF interests | |
| | |
| EX 72 | Commissioner’s default assessment power | |
| | |
| EX 73 | Election that CFC not non-attributing active CFC or FIF not non-attributing active FIF | |
| | |
| | |
| EY 1 | What this subpart does | |
| EY 2 | Policyholder base | |
| EY 3 | Shareholder base | |
| EY 4 | Apportionment of income of particular source or nature, and of tax credits | |
| EY 5 | Part-year tax calculations | |
| EY 6 | Actuarial advice and guidance | |
| EY 7 | Meaning of claim | |
| EY 8 | Meaning of life insurance | |
| EY 9 | Meaning of life insurance policy | |
| EY 10 | Meaning of life insurer | |
| EY 11 | Superannuation schemes providing life insurance | |
| EY 12 | Meaning of life reinsurance | |
| EY 13 | Meaning of life reinsurance policy | |
| EY 14 | Life insurance and life reinsurance: how sections relate | |
| | |
| | |
| EY 15 | Policyholder base income: non-participation policies | |
| EY 16 | Policyholder base allowable deductions: non-participation policies | |
| EY 16B | Policyholder base allowable deductions: consideration for investment management services | |
| | |
| EY 17 | Policyholder base income: profit participation policies | |
| EY 18 | Policyholder base allowable deductions: profit participation policies | |
| | |
| | |
| EY 19 | Shareholder base income: non-participation policies | |
| EY 19B | Shareholder base income: consideration credited for investment management services | |
| EY 20 | Shareholder base allowable deductions: non-participation policies | |
| | |
| EY 21 | Shareholder base income: profit participation policies | |
| EY 22 | Shareholder base allowable deductions: profit participation policies | |
| | |
| EY 23 | Reserving amounts for life insurers: non-participation policies | |
| EY 24 | Outstanding claims reserving amount: non-participation policies not annuities | |
| EY 25 | Premium smoothing reserving amount: non-participation policies not annuities | |
| EY 26 | Unearned premium reserving amount: non-participation policies not annuities | |
| EY 27 | Capital guarantee reserving amount: non-participation policies not annuities | |
| | |
| EY 28 | Shareholder base other profit: profit participation policies that are existing business | |
| EY 29 | Shareholder base other profit: profit participation policies that are new business | |
| | |
| EY 30 | Transitional adjustments: life risk | |
| EY 31 | Annuities | |
| EY 32 | Mortality profit formula: when partial reinsurance exists [Repealed] | |
| EY 33 | Mortality profit formula: individual result may be negative only in some cases [Repealed] | |
| EY 34 | Mortality profit formula: negative result [Repealed] | |
| EY 35 | How discontinuance profit is calculated [Repealed] | |
| EY 36 | Discontinuance profit for income year [Repealed] | |
| EY 37 | Discontinuance profit formula (existing policies) [Repealed] | |
| EY 38 | Discontinuance profit formula (new policies) [Repealed] | |
| EY 39 | Discontinuance profit formula (existing policies): when partial reinsurance exists [Repealed] | |
| EY 40 | Discontinuance profit formula (new policies): when partial reinsurance exists [Repealed] | |
| EY 41 | Discontinuance profit formulas: individual result may never be negative [Repealed] | |
| EY 42 | How policyholder income is calculated [Repealed] | |
| EY 43 | Policyholder income formula [Repealed] | |
| EY 43B | Policyholder income formula: FDR adjustment [Repealed] | |
| EY 43C | Policyholder income formula: PILF adjustment [Repealed] | |
| EY 44 | Policyholder income formula: when partial reinsurance exists [Repealed] | |
| EY 45 | Policyholder income formula: when life insurance business transferred [Repealed] | |
| EY 46 | Income from disposal of property [Repealed] | |
| EY 47 | Deductions for disposal of property [Repealed] | |
| | |
| EY 48 | Non-resident life insurers with life insurance policies in New Zealand | |
| EY 49 | Non-resident life insurer becoming resident | |
| | |
| | |
| EZ 1 | Life insurers acquiring property before 1 April 1988 | |
| EZ 2 | Deductions for disposal of property: 1982–83 and 1989–90 income years | |
| | |
| EZ 3 | Petroleum development expenditure from 1 October 1990 to 15 December 1991 | |
| | |
| EZ 4 | Valuation of livestock bailed or leased as at 2 September 1992 | |
| EZ 4B | Cattle destroyed because of Mycoplasma bovis: spreading | |
| EZ 5 | Reduction: bloodstock not previously used for breeding in New Zealand: pre-1 August 2006 | |
| EZ 6 | Reduction: broodmare previously used for breeding in New Zealand: pre-1 August 2006 | |
| EZ 6B | National minimum price threshold for 2019 calendar year | |
| | |
| EZ 7 | Acquiring patent rights before 1 April 1993 | |
| | |
| EZ 8 | Premium paid on land leased before 1 April 1993 | |
| | |
| EZ 9 | Pool method for items accounted for by globo method for 1992–93 income year | |
| EZ 10 | Pool items accounted for by globo method for 1992–93 income year | |
| EZ 11 | Amounts of depreciation recovery income and depreciation loss for part business use up to 2004–05 income year | |
| EZ 12 | Amount of depreciation loss for item acquired from associated person on or before 23 September 1997 | |
| EZ 13 | Annual rate for item acquired on or after 1 April 1993 and before end of person’s 1994–95 income year | |
| EZ 14 | Pre-1993 depreciation rate | |
| EZ 15 | Annual rate for excluded depreciable property: 1992–93 tax year | |
| EZ 16 | Amount of depreciation loss for plant or machinery additional to section EZ 15 amount | |
| EZ 17 | Additional amount of depreciation loss: between 16 December 1991 and 1 April 1994 | |
| EZ 18 | Section EZ 17 amount of depreciation loss when items transferred between companies in wholly-owned group before 1 April 1993 | |
| EZ 19 | Section EZ 17 amount of depreciation loss when person previously exempt from tax acquires item | |
| EZ 20 | Adjusted tax value for software acquired before 1 April 1993 | |
| EZ 21 | Sections EE 45 and EE 47: permanent removal: allowance before 1 April 1995 | |
| EZ 22 | Base value and total deductions in section EE 56: before 1 April 1995 | |
| EZ 23 | Economic rate for plant or equipment acquired before 1 April 2005 and buildings acquired before 19 May 2005 | |
| EZ 23BA | Aircraft acquired before 2017–18 income year: adjusted tax value, base value, reduced; total deductions increased | |
| EZ 23B | Property acquired after depreciable property affected by Canterbury earthquakes | |
| EZ 23BB | Interest in property acquired after depreciable property affected by Canterbury earthquakes | |
| EZ 23BC | Property acquired after depreciable property affected by Hurunui/Kaikōura earthquakes | |
| EZ 23BD | Loss on disposal of grandparented structure | |
| EZ 23C | Insurance for Canterbury earthquake damage of property: treatment as disposal and reacquisition [Repealed] | |
| EZ 23D | Insurance for Canterbury earthquake damage of property: limit on depreciation recovery income [Repealed] | |
| EZ 23E | Item treated as available for use if access restricted due to Canterbury earthquake [Repealed] | |
| EZ 23F | Insurance for Canterbury earthquake damage causing disposal: optional timing rule for income, deductions [Repealed] | |
| EZ 23G | Insurance for repairs of Canterbury earthquake damage: optional timing rule for income, deductions [Repealed] | |
| | |
| EZ 24 | Meaning of new asset | |
| EZ 25 | Meaning of New Zealand-new asset | |
| EZ 26 | Meaning of qualifying capital value | |
| EZ 27 | Meaning of qualifying improvement | |
| EZ 28 | Meaning of qualifying asset | |
| | |
| EZ 29 | Private insurers under Accident Insurance Act 1998 | |
| EZ 30 | Base premium for 1998–99 premium year under Accident Insurance Act 1998 | |
| | |
| EZ 31 | Disclosure restrictions on grey list CFCs before 2011–12 [Repealed] | |
| EZ 32 | Terminating exemption for grey list FIF investing in Australasian listed equities [Repealed] | |
| EZ 32B | Transitional rule for IFRS reporting [Repealed] | |
| EZ 32C | Treatment in section EX 20C of currency effects on CFC’s borrowing [Repealed] | |
| EZ 32D | Value of asset fraction: CFC with excessive debt funding and loan entered before 21 June 2012 | |
| EZ 32E | Change in section EX 20B for income of CFC insurer: interest on terminal tax | |
| EZ 32F | Applicable accounting standard for section EX 21E: former generally accepted accounting practice without IFRS | |
| EZ 32G | Person deriving pension from foreign superannuation scheme and returning as income before 1 April 2014 | |
| | |
| EZ 33 | Application of old financial arrangements rules | |
| EZ 34 | Election to apply financial arrangements rules in subpart EW | |
| EZ 35 | Accruals in relation to income and expenditure in respect of financial arrangements | |
| EZ 36 | Excepted financial arrangement that is part of financial arrangement | |
| EZ 37 | Cash basis holder | |
| EZ 38 | Income and expenditure where financial arrangement redeemed or disposed of | |
| EZ 39 | Forgiveness of debt | |
| EZ 40 | Accrued income written off | |
| EZ 41 | Disposal of debt to associate of debtor | |
| EZ 42 | Post facto adjustment | |
| EZ 43 | Variable principal debt instruments | |
| EZ 44 | Relationship with rest of Act | |
| EZ 45 | Application of old financial arrangements rules | |
| EZ 46 | Election to treat short term trade credit as financial arrangement | |
| EZ 47 | Election to continue to treat certain excepted financial arrangements as financial arrangements | |
| EZ 48 | Definitions | |
| EZ 49 | Determination of core acquisition price where consideration for property denominated in foreign currency | |
| EZ 50 | Rules for non-market transactions | |
| EZ 51 | Transitional adjustment when changing to financial arrangements rules | |
| EZ 52 | References to new rules include old rules | |
| EZ 52B | Consistency of use of IFRS method: Determination G3 change allowed | |
| EZ 52C | Change of spreading method: Determination G22 to Determination G22A | |
| EZ 52D | Base price adjustment: financial arrangements to which Determination G22 and Determination G22A applied | |
| | |
| | |
| EZ 53 | How expected death strain is calculated | |
| EZ 54 | Expected death strain formulas | |
| EZ 55 | Expected death strain formulas: option when more than 1 life insured | |
| EZ 56 | Expected death strain formula (life): when annuity payable on death | |
| EZ 57 | Expected death strain formulas: when annuity payable on survival to date or age specified in policy | |
| EZ 58 | Expected death strain formula (life): when partial reinsurance exists | |
| | |
| EZ 59 | Meaning of actuarial reserves | |
| EZ 60 | Actuarial reserves: calculation | |
| | |
| EZ 61 | Allowance for cancelled amount: spreading | |
| EZ 62 | Reinsurance transition: life financial reinsurance may be life reinsurance | |
| EZ 63 | Disposal and acquisition upon entry | |
| | |
| EZ 64 | New Zealand Railways Corporation restructure: purpose and initial amounts for tax purposes | |
| EZ 65 | Expenditure or loss incurred, and amounts derived | |
| EZ 66 | Prepayments | |
| EZ 67 | Leased assets | |
| EZ 68 | Definitions | |
| | |
| EZ 69 | IFRS financial reporting method: interest-free and low-interest loans | |
| EZ 69B | IFRS financial reporting method: equity or other comprehensive income | |
| | |
| EZ 70 | Insurance for Canterbury earthquake damage of property: treatment as disposal and reacquisition | |
| EZ 71 | Insurance for Canterbury earthquake damage of property: limit on depreciation recovery income | |
| EZ 72 | Item treated as available for use if access restricted due to Canterbury earthquake | |
| EZ 73 | Insurance for Canterbury earthquake damage causing disposal: optional timing rule for income, deductions | |
| EZ 74 | Insurance for repairs of Canterbury earthquake damage: optional timing rule for income, deductions | |
| EZ 75 | Consideration for property or services: IFRS foreign ASAPs before 2014–15 income year | |
| EZ 76 | Consideration for property or services: non-IFRS foreign ASAPs before 2014–15 income year | |
| EZ 77 | Substituting debentures repeal: transitional rules | |
| | |
| EZ 78 | Insurance for Hurunui/Kaikōura earthquake damage of property: treatment as disposal and reacquisition | |
| EZ 79 | Insurance for Hurunui/Kaikōura earthquake damage of property: limit on depreciation recovery income | |
| | |
| EZ 80 | Refund of excess deposit in main income equalisation account as consequence of election under section EZ 4B | |
| EZ 81 | Refund of excess deposit in adverse event income equalisation account as consequence of election under section EZ 4B | |
| [Repealed] | |
| EZ 82 | Transfers of deposits when adverse event income equalisation accounts abolished | |
| | |
| | |
| | |
| FA 1 | What this subpart does | |
| | |
| FA 2 | Recharacterisation of certain debentures | |
| FA 2B | Stapled debt securities | |
| FA 3 | Recharacterisation of certain dividends: recovery of cost of shares held on revenue account | |
| FA 4 | Recharacterisation of shareholder’s base: company reacquiring share | |
| | |
| FA 5 | Assets acquired and disposed of after deduction of payments under lease | |
| | |
| FA 6 | Recharacterisation of amounts derived under finance leases | |
| FA 7 | Determining amount of loan | |
| FA 8 | Deductibility of expenditure under finance lease | |
| FA 9 | Treatment when lease ends: lessee acquiring asset | |
| FA 10 | Treatment when lease ends: lessor acquiring asset | |
| FA 11 | Adjustments for leases that become finance leases | |
| FA 11B | Adjustments for certain operating leases | |
| | |
| FA 12 | Recharacterisation of amounts derived under hire purchase agreements | |
| FA 13 | Agreements recharacterised as sale with finance provided | |
| FA 14 | Deductibility of expenditure or loss under hire purchase agreement | |
| FA 15 | Treatment when agreement ends: seller acquiring property | |
| FA 16 | Treatment when agreement ends: when seller is cash basis person | |
| FA 17 | Treatment when agreement ends: when buyer is cash basis person | |
| FA 18 | Treatment of amounts paid in income years after agreement ends | |
| | |
| FB 1 | When this subpart applies | |
| FB 1B | Meaning of settlement of relationship property and property | |
| FB 1C | Obligations for periods before and from transfer of property | |
| FB 2 | Personal property | |
| FB 3A | Residential land | |
| FB 3 | Land acquired for certain purposes or under certain conditions | |
| FB 4 | Land under scheme for major development or division | |
| FB 5 | Disposal of land | |
| FB 6 | Timber or right to take timber | |
| FB 7 | Land with standing timber | |
| FB 8 | Patent applications and patent rights | |
| FB 9 | Financial arrangements rules | |
| FB 10 | Continuity provisions: shares and options | |
| FB 10B | Look-through companies | |
| FB 11 | Pension payments to former employees | |
| FB 12 | Pension payments to former partners | |
| FB 13 | Trading stock | |
| FB 14 | Specified livestock | |
| FB 15 | Specified livestock valued under herd scheme | |
| FB 16 | Non-specified livestock | |
| FB 17 | High-priced livestock | |
| FB 18 | Bloodstock | |
| FB 19 | Leased assets | |
| FB 20 | Mining assets [Repealed] | |
| FB 21 | Depreciable property | |
| | |
| | |
| FC 1 | Disposals to which this subpart applies | |
| FC 2 | Transfer at market value | |
| | |
| FC 3 | Property transferred to spouse, civil union partner, or de facto partner | |
| FC 4 | Property transferred to charities or to close relatives and others | |
| FC 5 | Land transferred to close relatives | |
| FC 6 | Forestry assets transferred to close relatives | |
| FC 7 | Transfer of prepaid property | |
| FC 8 | Transfer of certain financial arrangements | |
| FC 9 | Residential land transferred to executor, administrator, or beneficiary on death of person | |
| | |
| FC 9B | Residential land: certain transferors | |
| FC 9C | Residential land: certain recipients | |
| FC 9D | Residential land: certain recipients of Treaty of Waitangi land | |
| | |
| FC 10 | Transfers from person to Official Assignee under Insolvency Act 2006 | |
| | |
| | |
| FE 1 | What this subpart does | |
| FE 2 | When this subpart applies | |
| FE 3 | Interest apportionment for individuals | |
| FE 4 | Some definitions | |
| FE 4B | Meaning of public project asset, public project debt, and public project participant debt | |
| | |
| FE 5 | Thresholds for application of interest apportionment rules | |
| FE 6 | Apportionment of interest by excess debt entity | |
| FE 6B | Alternative apportionment of interest by some excess debt entities | |
| FE 7 | Apportionment of interest by reporting bank | |
| FE 7B | Interest on public project debt for certain excess debt entities | |
| FE 8 | Measurement dates | |
| FE 9 | Elections | |
| FE 10 | Currency | |
| FE 11 | Disregarded increases or decreases in value | |
| | |
| FE 12 | Calculation of debt percentages | |
| FE 12B | Calculations for group for test and apportionment using interest-income ratio | |
| FE 13 | Financial arrangements entered into with persons outside group | |
| | |
| FE 14 | Consolidation of debts and assets | |
| FE 15 | Total group debt | |
| FE 16 | Total group assets | |
| FE 16B | Total group non-debt liabilities | |
| | |
| FE 17 | Consolidation of debts and assets | |
| FE 18 | Measurement of debts and assets of worldwide group | |
| | |
| FE 19 | Banking group’s equity threshold | |
| FE 20 | Financial value and regulatory value | |
| FE 21 | Banking group’s New Zealand net equity | |
| FE 22 | Notional offshore investment | |
| FE 23 | Banking group’s funding debt | |
| FE 24 | Regulations | |
| | |
| | |
| FE 25 | New Zealand group for excess debt entity that is a company or non-resident owning body | |
| FE 26 | Identifying New Zealand parent | |
| FE 27 | Establishing companies under parent’s control | |
| FE 28 | Identifying members of New Zealand group | |
| FE 29 | Combining New Zealand groups owned by natural persons and trustees | |
| FE 30 | Ownership interests in companies outside New Zealand group | |
| | |
| FE 31 | Worldwide group for corporate excess debt entity if not excess debt outbound company | |
| FE 31B | Worldwide group for excess debt outbound companies | |
| FE 31C | CFCs in worldwide group for natural persons or trustees described in section FE 2(1)(g) | |
| FE 31D | Worldwide group for entity controlled by non-resident owning body or trustee | |
| FE 32 | Joint venture parties | |
| | |
| FE 33 | New Zealand banking group | |
| FE 34 | Identifying ultimate parent | |
| FE 35 | Persons who may be excluded from banking groups | |
| FE 36 | Identifying members of New Zealand banking group in usual case | |
| FE 36B | Identifying members of New Zealand banking group: Crown-owned, no interest apportionment | |
| FE 37 | Reporting bank for New Zealand banking group | |
| | |
| FE 38 | Measuring ownership interests in companies | |
| FE 39 | Direct ownership interests | |
| FE 40 | Tiered ownership interests | |
| FE 41 | Treatment of associated persons’ interests | |
| [Repealed] | |
| [Repealed] | |
| FF 1 | What this subpart does [Repealed] | |
| FF 2 | When interest apportionment rule applies [Repealed] | |
| FF 3 | Steps required to determine treatment of excessive interest expenditure [Repealed] | |
| [Repealed] | |
| FF 4 | Threshold for application of interest apportionment rule [Repealed] | |
| FF 5 | Determination of excess amount of interest expenditure of group [Repealed] | |
| FF 6 | Conduit tax relief [Repealed] | |
| FF 7 | Surplus to foreign dividends [Repealed] | |
| [Repealed] | |
| FF 8 | Identifying members of foreign groups [Repealed] | |
| FF 9 | Calculating debt percentage of New Zealand foreign groups [Repealed] | |
| FF 10 | Calculating debt percentage of consolidated foreign groups [Repealed] | |
| FF 11 | Changes in foreign group membership [Repealed] | |
| | |
| FG 1 | When this subpart applies | |
| FG 2 | Notional loans | |
| FG 3 | Notional interest | |
| | |
| FH 1 | Subpart implements OECD recommendations for domestic law | |
| FH 2 | Order of application of provisions | |
| FH 3 | Payments under financial instruments producing deduction without income | |
| FH 4 | Receipts under financial instruments producing deduction without income | |
| FH 5 | Payments by New Zealand resident or New Zealand deducting branch producing deduction without income | |
| FH 5B | Exception: when payee group not allowed deductions for supplies as prerequisites for payer supplies | |
| FH 6 | Receipts from non-resident or foreign deducting branch producing deduction without income | |
| FH 7 | Payments to person outside New Zealand producing deduction without income | |
| FH 8 | Expenditure or loss through hybrid entity or foreign deducting branch producing double deduction without double income | |
| FH 9 | Expenditure or loss of hybrid entity, or non-resident through deducting branch, producing double deduction without double income | |
| FH 10 | Expenditure or loss of dual resident company producing double deduction without double income | |
| FH 11 | Residents, or non-residents with deducting branches, having expenditure funding overseas hybrid mismatches | |
| FH 12 | Offset of mismatch amounts against surplus assessable income | |
| FH 13 | Election by borrower under financial arrangement | |
| FH 14 | Irrevocable election by owner of hybrid entity | |
| FH 15 | Definitions | |
| | |
| FL 1 | What this subpart does | |
| FL 2 | Treatment of companies that become non-resident and their shareholders | |
| FL 3 | Treatment of companies that start being treated as non-resident and their shareholders | |
| | |
| | |
| FM 1 | What this subpart applies to | |
| FM 2 | Consolidation rules | |
| FM 3 | Liability of consolidated groups and group companies | |
| FM 4 | Limiting joint and several liability of group companies | |
| FM 5 | Liability when company leaves consolidated group | |
| FM 6 | Some general rules for treatment of consolidated groups | |
| | |
| | |
| FM 7 | Treatment of amounts derived or expenditure incurred | |
| FM 8 | Transactions between group companies: income | |
| FM 9 | Amounts that are company’s income | |
| FM 10 | Expenditure: intra-group transactions | |
| FM 11 | Expenditure: nexus with income derivation | |
| FM 12 | Expenditure when deduction would be denied to consolidated group | |
| FM 13 | Capital expenditure | |
| FM 14 | Part-year financial statements | |
| | |
| FM 15 | Amortising property and revenue account property | |
| FM 16 | Land or business: certain farming or forestry expenditure | |
| FM 17 | Trading stock | |
| FM 18 | Financial arrangements: transfer from company A to company B | |
| FM 19 | Financial arrangements: transfer for fair and reasonable consideration | |
| FM 20 | Financial arrangements: transfer at market value | |
| FM 21 | Property transfers when companies leave consolidated groups | |
| FM 22 | Arrangements to avoid consolidation rules | |
| FM 23 | Arrangements for disposal of shares | |
| [Repealed] | |
| FM 24 | General treatment of foreign dividends [Repealed] | |
| FM 25 | Reduction in payments for foreign dividends [Repealed] | |
| FM 26 | Using tax losses to pay FDP [Repealed] | |
| FM 27 | Refunds of FDP [Repealed] | |
| FM 28 | Refund when consolidated group has loss [Repealed] | |
| FM 29 | Treatment of credit balance in consolidated group’s FDP account [Repealed] | |
| FM 30 | Application of certain provisions to consolidated groups | |
| | |
| | |
| FM 31 | Eligibility rules | |
| FM 32 | Restriction on membership of consolidated groups | |
| FM 33 | When membership is reduced | |
| | |
| FM 34 | Nominated companies | |
| | |
| FM 35 | Forming consolidated group | |
| FM 36 | Joining existing consolidated group | |
| FM 37 | Leaving consolidated group | |
| | |
| FM 38 | Notice requirements on forming or joining consolidated group | |
| FM 39 | Choosing to leave consolidated group | |
| FM 40 | Losing eligibility to be part of consolidated group | |
| FM 41 | No nominated company | |
| FM 42 | When company liquidated | |
| | |
| FN 1 | When this subpart applies | |
| FN 2 | Imputation rules | |
| FN 3 | Liabilities of companies in imputation group | |
| FN 4 | Eligibility rules | |
| FN 5 | Imputation groups with reduced numbers | |
| FN 6 | Nominated companies | |
| FN 7 | Forming imputation groups | |
| FN 8 | Trans-Tasman imputation groups and resident imputation subgroups | |
| FN 9 | Joining existing imputation group | |
| FN 10 | When membership of imputation group ends | |
| FN 11 | Company choosing to leave imputation group | |
| FN 12 | Company no longer eligible or entitled to membership | |
| FN 13 | Imputation group with no nominated company | |
| FN 14 | Effect of liquidation of company | |
| | |
| | |
| FO 1 | What this subpart does | |
| FO 2 | Amalgamation rules | |
| FO 3 | Resident’s restricted amalgamations | |
| FO 4 | Rights and obligations of amalgamated companies | |
| FO 5 | Amalgamations and remitted liabilities | |
| | |
| FO 6 | Cancellation of shares | |
| FO 7 | Income derived after amalgamation | |
| FO 8 | Bad debts and expenditure or loss on resident’s restricted amalgamation | |
| FO 9 | Unexpired portion of prepaid expenditure | |
| | |
| FO 10 | When property passes on resident’s restricted amalgamation | |
| FO 11 | When property passes on amalgamation other than resident’s restricted amalgamation | |
| FO 12 | Financial arrangements: resident’s restricted amalgamation, companies in wholly-owned group | |
| FO 13 | Financial arrangements: resident’s restricted amalgamation, calculation method unchanged | |
| FO 14 | Financial arrangements: resident’s restricted amalgamation, other cases | |
| FO 15 | Financial arrangements: amalgamation other than resident’s restricted amalgamation | |
| FO 16 | Amortising property | |
| FO 17 | Land | |
| | |
| FO 18 | When amalgamating companies are parties to financial arrangement | |
| FO 19 | Calculation of outstanding accrued balance: consideration for discharge | |
| FO 20 | Calculation of outstanding accrued balance: amounts remitted | |
| FO 21 | When amalgamating companies are parties to financial arrangements: economic groups | |
| | |
| | |
| FZ 1 | Treatment of interest payable under debentures issued before certain date | |
| | |
| FZ 2 | Effect of specified lease on lessor and lessee | |
| FZ 3 | Income of lessor under specified lease | |
| FZ 4 | Deductions under specified leases | |
| | |
| FZ 5 | Commercial bills | |
| | |
| FZ 6 | Transitional valuation rule for estate property | |
| | |
| FZ 7 | Valuation of group assets: insurance proceeds from Canterbury earthquake | |
| | |
| FZ 8 | Transition period for amendments to interest apportionment rules | |
| | |
| FZ 9 | Transfers of trading stock to non-associates, donee organisations, or public authorities | |
| | |
| | |
| GA 1 | Commissioner’s power to adjust | |
| GA 2 | Commissioner’s power to adjust: fringe benefit tax | |
| | |
| | |
| GB 1 | Arrangements involving dividend stripping | |
| | |
| GB 2 | Arrangements involving transfer pricing | |
| | |
| GB 3 | Arrangements for carrying forward loss balances: companies’ ownership | |
| GB 3BA | Arrangements for carrying forward loss balances: companies’ business activities | |
| GB 3BAB | Arrangements to inject income into companies carrying forward loss balances | |
| GB 3BAC | Arrangements to shift expenditure from companies carrying forward loss balances | |
| GB 3B | Arrangements for carrying back net losses: companies | |
| GB 4 | Arrangements for grouping tax losses: companies | |
| | |
| GB 5 | Arrangements involving trust beneficiaries | |
| | |
| GB 6 | Arrangements involving qualifying companies | |
| | |
| GB 7 | Arrangements involving CFC control interests | |
| GB 8 | Arrangements involving attributed repatriation from CFCs [Repealed] | |
| GB 9 | Temporary disposals of direct control or income interests | |
| GB 10 | Temporary acquisitions of direct control or income interests | |
| GB 11 | Temporary increases in totals for control interest categories | |
| GB 12 | Temporary reductions in totals for control interest categories | |
| GB 13 | When combination of changes reduces income | |
| GB 14 | When combination of changes increases loss | |
| GB 15 | CFC income or loss: arrangements related to quarterly measurement | |
| GB 15BA | CFC income or loss: arrangements for inclusion of CFC in test group | |
| GB 15B | Supplies affecting default test for non-attributing active CFC | |
| GB 15C | Arrangements related to accounting test for non-attributing active CFC | |
| | |
| GB 16 | FIF income or loss: arrangements for measurement day concessions | |
| | |
| GB 17 | Excessive amounts for film rights or production expenditure | |
| GB 18 | Arrangements to acquire film rights or incur production expenditure | |
| GB 19 | When film production expenditure payments delayed or contingent | |
| | |
| GB 20 | Arrangements involving petroleum and mineral mining | |
| | |
| GB 21 | Dealing that defeats intention of financial arrangements rules | |
| | |
| GB 22 | Arrangements involving trust beneficiary income | |
| | |
| GB 23 | Excessive remuneration to relatives | |
| GB 24 | Exemption for genuine contracts | |
| GB 25 | Close company remuneration to shareholders, directors, or relatives | |
| GB 25B | Excessive effective look-through interests | |
| | |
| GB 26 | Arrangements involving repatriation of commercial bills | |
| | |
| GB 27 | Attribution rule for income from personal services | |
| GB 28 | Interpretation of terms used in section GB 27 | |
| GB 29 | Attribution rule: calculation | |
| | |
| GB 30 | Arrangements to avoid taxation of restrictive covenant payments | |
| | |
| GB 31 | FBT arrangements: general | |
| GB 32 | Benefits provided to employee’s associates | |
| | |
| GB 33 | Arrangements involving depreciation loss | |
| | |
| GB 34 | ICA arrangements for carrying amounts forward | |
| GB 35 | Imputation arrangements to obtain tax advantage | |
| GB 36 | Reconstruction of imputation arrangements to obtain tax advantage | |
| GB 37 | Arrangements for payment of dividend by other companies | |
| GB 38 | When sections GB 35 to GB 37 apply to consolidated groups | |
| | |
| GB 39 | FDP arrangements: general [Repealed] | |
| GB 40 | BETA arrangements for carrying amounts forward [Repealed] | |
| GB 41 | FDPA arrangements for carrying amounts forward [Repealed] | |
| | |
| GB 42 | Maori authority credit arrangements to obtain tax advantage | |
| GB 43 | Reconstruction of Maori authority credit arrangements to obtain tax advantage | |
| | |
| GB 44 | Arrangements involving tax credits for families | |
| | |
| GB 45 | Arrangements involving money not at risk | |
| GB 46 | Deferral of surplus deductions from arrangements | |
| GB 47 | Calculation rules for sections GB 45 and GB 46 | |
| GB 48 | Defined terms for sections GB 45 and GB 46 | |
| | |
| GB 49 | Arrangements involving returning share transfers | |
| | |
| GB 49B | Employee share schemes | |
| | |
| GB 50 | Arrangements involving partners and owners | |
| | |
| GB 51 | Proportionality between amount of debt and ownership interests | |
| GB 51B | Increases or decreases in value | |
| | |
| GB 52 | Arrangements involving residential land: companies’ shares | |
| GB 53 | Arrangements involving residential land: trusts | |
| | |
| GB 53B | Interposed residential property percentage: increases or decreases in value | |
| GB 53C | On-lending at lower rate | |
| | |
| GB 54 | Arrangements involving establishments | |
| | |
| GB 55 | Arrangements involving tax credits for charitable or other public benefit gifts | |
| | |
| GB 56 | Arrangements involving research and development tax credits | |
| | |
| | |
| GC 1 | Disposals of trading stock at below market value | |
| GC 2 | Disposals of timber rights or standing timber | |
| GC 3 | Disposals by life insurers | |
| GC 3B | Disposals of emissions units | |
| GC 4 | Disposals and acquisitions of FIF attributing interests | |
| GC 4B | Disposals of ETS units at below market value [Repealed] | |
| | |
| GC 5 | Leases for inadequate rent | |
| | |
| GC 6 | Purpose and application of rules and nature of arrangements | |
| GC 7 | Excess amount payable by person | |
| GC 8 | Insufficient amount receivable by person | |
| GC 9 | Compensating arrangement: person paying less than arm’s length amount | |
| GC 10 | Compensating arrangement: person receiving more than arm’s length amount | |
| GC 11 | Applications for matching treatment | |
| GC 12 | Effect on person’s withholding obligations | |
| GC 13 | Calculation of arm’s length amounts | |
| GC 14 | Definitions for sections GC 6 to GC 13 | |
| | |
| GC 15 | Aspects of loan adjusted for application of sections | |
| GC 16 | Credit rating of borrower: other than insuring or lending person | |
| GC 17 | Credit rating of borrower: insuring or lending person | |
| GC 18 | Loan features disregarded by rules for transfer pricing arrangements | |
| GC 19 | Sections GC 15 to GC 18 and financial arrangements entered before application period | |
| | |
| GC 20 | Effect of purchase price allocation agreement | |
| GC 21 | Purchase price allocation required: no agreement | |
| | |
| GZ 1 | Limitation on section GB 20: petroleum and mineral mining arrangements | |
| GZ 2 | Arrangements involving cancellation of conduit tax relief credits [Repealed] | |
| GZ 3 | Donations of trading stock for relief of Canterbury earthquakes | |
| GZ 4 | Disposals of trading stock to donee organisations or public authorities | |
| GZ 5 | Disposals of trading stock to non-associates | |
| | |
| | |
| | |
| HA 1 | What this subpart does | |
| HA 2 | Meaning of qualifying company | |
| HA 3 | Meaning of loss-attributing qualifying company [Repealed] | |
| HA 4 | Conditions applying | |
| | |
| HA 5 | Elections to become qualifying company | |
| HA 6 | Corporate requirements | |
| HA 7 | Shareholding requirements | |
| HA 7B | Grandparenting requirement | |
| HA 8 | Shareholders’ personal liability | |
| HA 8B | No CFC income interests or FIF direct income interests of 10% or more | |
| HA 9 | Limit on foreign non-dividend income | |
| HA 10 | Nature of LAQC shares [Repealed] | |
| HA 11 | When requirements no longer met: qualifying companies | |
| HA 11B | When requirements no longer met: LAQCs [Repealed] | |
| HA 12 | Avoidance arrangements [Repealed] | |
| | |
| HA 13 | Qualifying companies’ distributions | |
| HA 14 | Dividends paid by qualifying companies | |
| HA 15 | Fully imputed distributions | |
| HA 16 | Dividends paid by qualifying companies to trustee shareholders | |
| HA 17 | Dividends derived by qualifying companies | |
| HA 18 | Treatment of dividends when qualifying company status ends | |
| HA 19 | Credit accounts and dividend statements | |
| HA 20 | Attribution of tax losses [Repealed] | |
| HA 21 | Loss balances not carried forward | |
| HA 22 | Group companies using tax losses | |
| HA 23 | Treatment of tax losses on amalgamation | |
| [Repealed] | |
| HA 24 | Treatment of tax losses other than certain foreign losses [Repealed] | |
| HA 25 | Treatment of certain foreign losses [Repealed] | |
| HA 26 | Attribution when balance dates differ [Repealed] | |
| HA 27 | Attribution when loss results in reduction in value of shares [Repealed] | |
| | |
| HA 28 | Elections by trustee shareholders | |
| HA 29 | Elections by majority shareholders | |
| HA 30 | When elections take effect | |
| HA 31 | Revocation of directors’ elections | |
| HA 32 | Revocation of shareholders’ elections: by notice | |
| HA 33 | Revocation of shareholders’ elections: by event | |
| HA 33B | Transitional rules for look-through companies, partnerships, and sole traderships | |
| HA 34 | Period of grace following death of shareholder | |
| HA 35 | Period of grace following revocation of election | |
| HA 36 | Period of grace following revocation of joint election | |
| HA 37 | Period of grace for new shareholder | |
| [Repealed] | |
| HA 38 | Elections by directors and shareholders required [Repealed] | |
| HA 39 | Revocation of elections [Repealed] | |
| | |
| HA 40 | Liability for qualifying company election tax | |
| HA 41 | Calculating qualifying company election tax | |
| HA 42 | Paying qualifying company election tax | |
| | |
| HA 43 | Meaning of effective interest | |
| HA 44 | Measuring effective interests | |
| | |
| HB 1 | Look-through companies are transparent | |
| HB 2 | Previous income and expenditure or loss | |
| HB 3 | Loss balances extinguished | |
| HB 4 | General provisions relating to disposals | |
| HB 5 | Disposal of owner’s interests | |
| HB 6 | Disposal of trading stock | |
| HB 7 | Disposal of depreciable property | |
| HB 8 | Disposal of financial arrangements and certain excepted financial arrangements | |
| HB 9 | Disposal of short-term agreements for sale and purchase | |
| HB 10 | Disposal of livestock | |
| HB 11 | Limitation on deductions by persons with interests in look-through companies | |
| HB 12 | Limitation on deductions by owners of look-through companies: carry-forward | |
| HB 13 | LTC elections | |
| | |
| | |
| HC 1 | What this subpart does | |
| HC 2 | Obligations of joint trustees for calculating income and providing returns | |
| HC 3 | Multiple settlements | |
| HC 4 | Corpus of trust | |
| | |
| HC 5 | Amounts derived by trustees | |
| HC 6 | Beneficiary income | |
| HC 7 | Trustee income | |
| HC 8 | Amounts received after person’s death | |
| | |
| HC 9 | Classifying trusts | |
| HC 10 | Complying trusts | |
| HC 11 | Foreign trusts | |
| HC 12 | Non-complying trusts | |
| HC 13 | Charitable trusts | |
| | |
| HC 14 | Distributions from trusts | |
| HC 15 | Taxable distributions from non-complying and foreign trusts | |
| HC 16 | Ordering rule for distributions from non-complying and foreign trusts | |
| | |
| HC 17 | Amounts derived as beneficiary income | |
| HC 18 | Taxable distributions from foreign trusts | |
| HC 19 | Taxable distributions from non-complying trusts | |
| HC 20 | Distributions from complying trusts | |
| HC 21 | Distributions from community trusts | |
| HC 22 | Use of tax losses to reduce taxable distributions from non-complying trusts | |
| HC 23 | Temporary absences of beneficiaries | |
| | |
| HC 24 | Trustees’ obligations | |
| HC 25 | Foreign-sourced amounts: non-resident trustees | |
| HC 26 | Foreign-sourced amounts: resident trustees | |
| | |
| HC 27 | Who is a settlor? | |
| HC 28 | Activities treated as those of settlor | |
| HC 29 | Settlors’ liability to income tax | |
| | |
| HC 30 | Treatment of foreign trusts when settlor becomes resident | |
| | |
| HC 31 | When existing trusts come into tax base | |
| HC 31B | Value transfer by deferral, or non-exercise, of right to demand payment | |
| | |
| HC 32 | Liability of trustee as agent | |
| HC 33 | Choosing to satisfy income tax liability of trustee | |
| HC 34 | Taxable distributions from non-complying trusts | |
| HC 35 | Beneficiary income of minors | |
| HC 36 | Trusts and minor beneficiary rule | |
| HC 37 | Testamentary trusts and minor beneficiary rule | |
| | |
| | |
| HD 1 | What this subpart does | |
| HD 2 | Joint liability of principal and agent for tax obligations | |
| HD 3 | Agents’ duties and liabilities | |
| HD 4 | Treatment of principals | |
| HD 5 | Matters between principals and agents | |
| HD 6 | When relationship effectively that of principal and agent | |
| HD 7 | Rate and amount of tax | |
| | |
| HD 8 | Circumstances giving rise to agency | |
| HD 9 | Guardians | |
| HD 10 | Mortgagees in possession | |
| HD 11 | Nominated companies | |
| HD 12 | Trusts | |
| HD 13 | Unit trusts | |
| HD 13B | AIM companies | |
| HD 14 | Companies issuing debentures | |
| HD 15 | Asset stripping of companies | |
| HD 16 | Non-resident general insurers | |
| HD 17 | Agent paying premiums to residents of Switzerland | |
| HD 17B | Lloyd’s of London: agents for life insurance | |
| | |
| HD 18 | Agency in relation to absentees generally | |
| HD 19 | Persons receiving absentees’ income | |
| HD 20 | Persons carrying on business for absentees | |
| HD 20B | General partners and partners carrying on with or managing business involving absentees | |
| HD 21 | Companies | |
| HD 22 | Banking companies | |
| HD 23 | Trustees of group investment funds | |
| HD 24 | Shipping businesses | |
| HD 25 | Persons remitting amounts outside New Zealand | |
| | |
| HD 26 | Agency in relation to non-residents generally | |
| HD 27 | Employers | |
| HD 28 | Government pensions and payments under superannuation schemes | |
| HD 29 | Persons acquiring goods from overseas | |
| HD 30 | Members of wholly-owned large multinational group | |
| | |
| HE 1 | Income and deductions of mutual associations | |
| HE 2 | Classes of mutual transaction | |
| HE 3 | Association rebates | |
| HE 4 | Apportionment when transactions with members and non-members | |
| HE 5 | Association rebates paid by shares or credit | |
| | |
| | |
| HF 1 | Maori authorities and the Maori authority rules | |
| HF 2 | Who is eligible to be a Maori authority? | |
| HF 3 | Applying provisions to Maori authorities | |
| | |
| HF 4 | What constitutes a Maori authority distribution? | |
| HF 5 | Notional distributions of co-operative companies | |
| HF 6 | Tax treatment of Maori authority distributions | |
| HF 7 | Taxable Maori authority distributions | |
| HF 8 | Proportional allocation | |
| | |
| | |
| HF 9 | Treatment of companies and trusts that choose to apply this subpart | |
| HF 10 | Market value calculations | |
| HF 11 | Choosing to become Maori authority | |
| | |
| | |
| HG 1 | Joint venturers | |
| | |
| HG 2 | Partnerships are transparent | |
| HG 3 | General provisions relating to disposals | |
| HG 4 | Disposal upon final dissolution | |
| HG 5 | Disposal of partner’s interests | |
| HG 6 | Disposal of trading stock | |
| HG 7 | Disposal of depreciable property | |
| HG 8 | Disposal of financial arrangements and certain excepted financial arrangements | |
| HG 9 | Disposal of short-term agreements for sale and purchase | |
| HG 10 | Disposal of livestock | |
| HG 11 | Limitation on deductions by partners in limited partnerships | |
| HG 12 | Limitation on deductions by partners in limited partnerships: carry-forward | |
| [Repealed] | |
| [Repealed] | |
| HL 1 | Intended effect on portfolio tax rate entities and investors [Repealed] | |
| HL 2 | Scheme of subpart [Repealed] | |
| [Repealed] | |
| HL 3 | Eligibility requirements for entities [Repealed] | |
| HL 4 | Effect of failure to meet eligibility requirements for entities [Repealed] | |
| HL 5 | Foreign investment vehicles [Repealed] | |
| HL 5B | Meaning of investor and portfolio investor class [Repealed] | |
| HL 5C | Income interest requirement [Repealed] | |
| HL 6 | Investor membership requirement [Repealed] | |
| HL 7 | Investor return adjustment requirement: portfolio tax rate entity [Repealed] | |
| HL 8 | Imputation credit distribution requirement: portfolio listed company [Repealed] | |
| HL 9 | Investor interest size requirement [Repealed] | |
| HL 10 | Further eligibility requirements relating to investments [Repealed] | |
| [Repealed] | |
| HL 11 | Election to become portfolio investment entity and cancellation of election [Repealed] | |
| HL 12 | Unlisted company choosing to become portfolio listed company [Repealed] | |
| HL 13 | Becoming portfolio investment entity [Repealed] | |
| HL 14 | Tax consequences from transition [Repealed] | |
| HL 15 | Ceasing to be portfolio investment entity [Repealed] | |
| [Repealed] | |
| HL 16 | Portfolio allocation period and portfolio calculation period [Repealed] | |
| [Repealed] | |
| HL 17 | Treatment of income from interest when entitlement conditional or lacking [Repealed] | |
| HL 18 | Certain new investors treated as part of existing portfolio investor class [Repealed] | |
| [Repealed] | |
| HL 19 | Portfolio class net income and portfolio class net loss for portfolio allocation period [Repealed] | |
| HL 19B | Treatment of certain provisions made by portfolio tax rate entity [Repealed] | |
| HL 20 | Portfolio class taxable income and portfolio class taxable loss for portfolio allocation period [Repealed] | |
| HL 21 | Portfolio entity tax liability and tax credits of portfolio tax rate entity for period [Repealed] | |
| [Repealed] | |
| HL 22 | Payments of tax by portfolio tax rate entity making no election [Repealed] | |
| HL 23 | Payments of tax by portfolio tax rate entity choosing to pay provisional tax [Repealed] | |
| HL 24 | Payments of tax by portfolio tax rate entity choosing to make payments when investor leaves [Repealed] | |
| HL 25 | Optional payments of tax by portfolio tax rate entities [Repealed] | |
| [Repealed] | |
| HL 26 | Portfolio investor allocated income and portfolio investor allocated loss [Repealed] | |
| HL 27 | Treatment of portfolio investor allocated loss for zero-rated portfolio investors and investors with portfolio investor exit period [Repealed] | |
| [Repealed] | |
| HL 28 | Treatment of portfolio investor allocated loss for other investors [Repealed] | |
| HL 29 | Credits received by portfolio tax rate entity or portfolio investor proxy [Repealed] | |
| [Repealed] | |
| HL 30 | Portfolio entity formation loss [Repealed] | |
| HL 31 | Portfolio class taxable income and portfolio class taxable loss for tax year [Repealed] | |
| HL 32 | Treatment of portfolio class taxable loss and portfolio class land loss for tax year [Repealed] | |
| [Repealed] | |
| HL 33 | Portfolio investor proxies [Repealed] | |
| | |
| | |
| HM 1 | Outline of subpart and relationship with other Parts | |
| HM 2 | What is a portfolio investment entity? | |
| HM 3 | Foreign PIE equivalents | |
| HM 4 | Who is an investor? | |
| HM 5 | What is an investor class? | |
| HM 6 | Intended effects for multi-rate PIEs and investors | |
| HM 6B | Optional look-through rules for certain PIEs | |
| | |
| HM 7 | Requirements | |
| | |
| HM 8 | Residence in New Zealand | |
| HM 9 | Collective schemes | |
| HM 10 | Exclusion: life insurance business | |
| HM 11 | Investment types | |
| HM 12 | Income types | |
| HM 13 | Maximum shareholdings in investments | |
| HM 14 | Minimum number of investors | |
| HM 15 | Maximum investor interests | |
| HM 16 | Associates combined | |
| HM 17 | Same rights to all investment proceeds | |
| HM 18 | Requirements for listed PIEs: unlisted companies | |
| HM 19 | Requirements for listed PIEs: fully crediting distributions | |
| HM 19B | Modified rules for foreign investment zero-rate PIEs | |
| HM 19C | Modified rules for foreign investment variable-rate PIEs | |
| HM 20 | Re-entering as PIE: 5-year rule | |
| | |
| HM 21 | Exceptions for certain investors | |
| HM 22 | Exceptions for certain funds | |
| HM 23 | Exceptions for foreign PIE equivalents | |
| | |
| HM 24 | Immediate loss of PIE status | |
| HM 25 | When entity no longer meets investment or investor requirements | |
| HM 26 | Starting life insurance business | |
| HM 27 | When multi-rate PIE no longer meets investor interest adjustment requirements | |
| HM 28 | When listed PIE no longer meets requirements | |
| HM 29 | Choosing to cancel status | |
| HM 30 | When foreign PIE equivalent no longer meets requirements | |
| | |
| | |
| HM 31 | Rules for multi-rate PIEs | |
| HM 32 | Rules for and treatment of investors in multi-rate PIEs | |
| HM 33 | Proxies for PIE investors | |
| | |
| HM 34 | Attribution periods | |
| HM 35 | Determining net amounts and taxable amounts | |
| HM 35B | Treatment of certain provisions made by multi-rate PIEs | |
| HM 35C | Determining amounts for notified foreign investors | |
| HM 36 | Calculating amounts attributed to investors | |
| HM 36B | Calculating PIE schedular income adjustments for natural person investors | |
| HM 37 | When income cannot be attributed | |
| HM 38 | When superannuation fund investor has conditional entitlement | |
| HM 39 | New investors in existing investor classes | |
| HM 40 | Deductions for attributed PIE losses for zero-rated and exiting investors equal to amount attributed | |
| | |
| HM 41 | Options for calculation and payment of tax | |
| HM 42 | Exit calculation option | |
| HM 42B | Part-year tax calculations for PIEs under the exit calculation option for the 2010–11 tax year | |
| HM 43 | Quarterly calculation option | |
| HM 44 | Provisional tax calculation option | |
| HM 44B | NRWT calculation option | |
| HM 45 | Voluntary payments | |
| HM 46 | Calculation process | |
| HM 47 | Calculation of tax liability or tax credit of multi-rate PIEs | |
| | |
| HM 48 | Adjustments to investor interests or to distributions | |
| | |
| HM 49 | Tax credits: when sections HM 50 to HM 55 apply | |
| HM 50 | Attributing credits to investors | |
| HM 51 | Use of foreign tax credits by PIEs | |
| HM 52 | Use of foreign tax credits by zero-rated and certain exiting investors | |
| HM 53 | Use of tax credits other than foreign tax credits by PIEs | |
| HM 54 | Use of tax credits other than foreign tax credits by investors | |
| HM 55 | Tax credits for losses | |
| | |
| HM 55C | Modified source rules | |
| HM 55D | Requirements for investors in foreign investment PIEs | |
| HM 55E | Changes in status of investors in foreign investment PIEs | |
| HM 55F | Treatment of income attributed to notified foreign investors | |
| HM 55FB | Notified foreign investors and tax credits for supplementary dividends | |
| HM 55G | Allowable amounts and thresholds for income with New Zealand source | |
| HM 55H | Treatment when certain requirements for foreign investment PIEs not met | |
| | |
| HM 56 | Prescribed investor rates: schedular rates | |
| HM 57 | Prescribed investor rates for certain investors: 0% | |
| HM 57B | Prescribed investor rates for new residents | |
| HM 58 | Transition of rate for certain investors | |
| HM 59 | Prescribed investor rates for certain investors: 0% [Repealed] | |
| HM 60 | Notified investor rates | |
| HM 60B | Investor rates provided by Commissioner | |
| HM 61 | Certain exiting investors zero-rated | |
| | |
| HM 62 | Exit levels for investors | |
| HM 63 | Exit periods | |
| | |
| | |
| HM 64 | Use of investor classes’ losses | |
| HM 65 | Use of land losses of investor classes | |
| | |
| HM 66 | Formation losses carried forward to tax year | |
| HM 67 | Formation losses carried forward to first quarter | |
| HM 68 | When formation losses carried forward are less than 5% of formation investment value | |
| HM 69 | When formation losses carried forward are 5% or more of formation investment value: 3-year spread | |
| HM 70 | Maximum amount of formation losses allocated by multi-rate PIEs to investor classes | |
| | |
| HM 71 | Choosing to become PIE | |
| HM 71B | Choosing to become foreign investment PIE | |
| HM 72 | When elections take effect | |
| HM 73 | Transition: provisional tax | |
| HM 74 | Transition: entities with non-standard income years | |
| HM 75 | Transition: treatment of shares held in certain companies | |
| HM 76 | Transition: FDPA companies [Repealed] | |
| | |
| [Repealed] | |
| HR 1 | Partnerships and joint ventures [Repealed] | |
| | |
| HR 2 | Group investment funds | |
| HR 3 | Definitions for section HR 2: group investment funds | |
| HR 4 | Government Superannuation Fund | |
| HR 4B | Activities relating to New Zealand Superannuation Fund and Venture Capital Fund | |
| | |
| HR 5 | Airport operators: general | |
| HR 6 | Airport operator’s assets | |
| HR 7 | Meaning of airport operator’s activities | |
| | |
| HR 8 | Transitional residents | |
| | |
| HR 9 | Debt funding special purpose vehicles are transparent if election made by originator | |
| HR 9BA | Elections to treat debt funding special purpose vehicles as transparent | |
| HR 9B | Bankruptcy-remote property during application of section HR 9 | |
| HR 10 | What happens when vehicle stops being transparent debt funding special purpose vehicle? | |
| | |
| HR 11 | Non-exempt charities: initial tax base | |
| HR 12 | Non-exempt charities: treatment of tax-exempt accumulations | |
| | |
| HR 13 | Lloyd’s of London: life insurance | |
| | |
| HZ 1 | Distributions from trusts of pre-1989 tax reserves | |
| HZ 2 | Trusts that may become complying trusts | |
| HZ 3 | Special partnerships: transition into limited partnerships and limited partnerships deduction rules | |
| HZ 4 | Overseas limited partnerships: transition into limited partnerships deduction rules | |
| HZ 4B | Qualifying companies: transition into partnership | |
| HZ 4C | Qualifying companies: transition into look-through companies | |
| HZ 4D | Qualifying companies: transition into sole traderships | |
| HZ 4E | Transition out of LTC regime for Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 | |
| HZ 5 | Transitional provisions for PIE rules | |
| HZ 6 | Saving of binding rules relating to portfolio investment entities | |
| HZ 7 | Saving of binding rulings relating to settlements on trusts | |
| HZ 8 | Retrospective transitional provision for market valuation under section HB 4 | |
| HZ 9 | Elections to treat existing debt funding special purpose vehicles as transparent | |
| HZ 10 | What happens when election is made under section HZ 9? | |
| HZ 11 | Protection from non-compliance: Taxation (KiwiSaver, Student Loans, and Remedial Matters) Act 2020 | |
| | |
| | |
| IA 1 | What this subpart does | |
| IA 2 | Tax losses | |
| IA 3 | Using tax losses in tax year | |
| IA 3B | Tax losses and procedures under Insolvency Act 2006 | |
| IA 4 | Using loss balances carried forward to tax year | |
| IA 5 | Restrictions on companies’ loss balances carried forward: continuity of ownership | |
| IA 6 | Restrictions on companies grouping tax losses | |
| IA 7 | Restrictions relating to ring-fenced tax losses | |
| IA 8 | Restrictions relating to schedular income | |
| IA 9 | Ordering rules | |
| IA 10 | Amended assessments | |
| | |
| IB 1 | Purpose | |
| IB 2 | Meaning of ownership continuity breach | |
| IB 2B | When subsequent ownership continuity breach regarded as occurring | |
| IB 3 | When tax loss components of companies carried forward despite ownership continuity breach | |
| IB 4 | Business continuity period | |
| IB 5 | When group companies treated as single company | |
| | |
| | |
| IC 1 | Company A making tax loss available to company B | |
| IC 2 | Threshold levels for grouping tax losses in tax year | |
| IC 3 | Common ownership: group of companies | |
| IC 4 | Common ownership: wholly-owned groups of companies | |
| | |
| IC 5 | Company B using company A’s tax loss | |
| IC 6 | Common ownership for period | |
| IC 7 | Place of incorporation or carrying on business | |
| IC 8 | Limitations on amounts used | |
| IC 9 | Date for payment and notice to Commissioner | |
| IC 10 | When companies have different balance dates | |
| IC 11 | Reduction of amounts used by companies | |
| IC 12 | Bad debts or decline in value of shares | |
| IC 13 | Variation of requirements for development companies in Niue | |
| | |
| ID 1 | Treatment of tax losses by consolidated groups | |
| ID 2 | Pre-consolidation losses: general treatment | |
| ID 3 | Pre-consolidation losses: use by group companies | |
| ID 4 | Pre-consolidation losses on entry: part-year rule | |
| ID 5 | Pre-consolidation losses on exit: part-year rule | |
| | |
| IE 1 | When this subpart applies | |
| IE 2 | Treatment of tax losses by amalgamating company | |
| IE 3 | Treatment of tax losses by amalgamated company | |
| IE 4 | Group companies’ treatment of tax losses on amalgamation | |
| IE 5 | Applying the continuity provisions when companies amalgamate | |
| | |
| | |
| IP 1 | When this subpart applies | |
| IP 2 | Group companies’ common span | |
| | |
| IP 3 | Ownership continuity breach: tax loss components of companies carried forward | |
| IP 3B | Business continuity breach: tax loss components of companies carried forward | |
| | |
| IP 4 | Breach in income year in which tax loss component arises | |
| IP 5 | Breach in tax year in which loss balance is grouped | |
| | |
| IP 6 | Financial statements required | |
| IP 7 | Notices required | |
| | |
| IQ 1A | When this subpart applies | |
| IQ 1 | General treatment | |
| IQ 1B | Losses carried forward to tax year | |
| IQ 2 | Ring-fencing cap on attributed CFC net losses | |
| IQ 2B | Effect of attributed CFC net loss and FIF net loss from before first affected year | |
| IQ 2C | Effect of FIF net loss if attributed FIF income method not available | |
| IQ 3 | Ring-fencing cap on FIF net losses | |
| IQ 4 | Group companies using attributed CFC net losses | |
| IQ 5 | Group companies using FIF net losses [Repealed] | |
| IQ 6 | Pre-consolidation losses: general treatment | |
| IQ 7 | When group membership lacking in loss period | |
| IQ 8 | When group membership lacking in tax year of use | |
| IQ 9 | When attributed CFC net loss becomes FIF net loss | |
| | |
| IS 1 | General treatment of mineral miners’ net losses | |
| IS 2 | Treatment of net losses resulting from certain expenditure | |
| IS 3 | Holding companies’ tax losses [Repealed] | |
| IS 4 | Adjustments in certain circumstances [Repealed] | |
| IS 5 | Petroleum miners’ tax losses [Repealed] | |
| IS 6 | When company stops being mineral miner | |
| | |
| IT 1 | Cancellation of life insurer’s policyholder net losses | |
| IT 2 | Cancellation of life insurer’s tax loss when allowed into policyholder base | |
| [Repealed] | |
| IV 1 | Supplementary dividend holding companies [Repealed] | |
| | |
| IW 1 | Shortfall penalties | |
| | |
| IZ 1 | Use of specified activity net losses [Repealed] | |
| IZ 2 | Petroleum mining companies: treatment of payments from shareholders [Repealed] | |
| IZ 3 | Petroleum mining companies: use of loss balances [Repealed] | |
| IZ 4 | Tax losses for tax years before 1977–78 tax year | |
| IZ 5 | Companies’ tax losses for tax years before 1991–92 tax year | |
| IZ 6 | Companies’ tax losses for 1990–91 and 1991–92 tax years | |
| IZ 7 | Grouping tax losses for tax years before 1981–82 and between 1981–82 and 1991–92 | |
| IZ 7B | Grouping tax losses for commonality periods starting before 15 March 2017 for tax years after 1990–91 | |
| IZ 8 | Election to use net loss for 2019–20 or 2020–21 year as tax loss in preceding year | |
| | |
| | |
| LA 1 | What this Part does | |
| LA 2 | Satisfaction of income tax liability | |
| LA 3 | When total tax credit less than or equal to income tax liability | |
| LA 4 | When total tax credit more than income tax liability | |
| LA 5 | Treatment of remaining credits | |
| LA 6 | Remaining refundable credits: PAYE, RWT, and certain other items | |
| LA 7 | Remaining refundable credits: tax credits for social policy and other initiatives | |
| LA 8 | Remaining refundable credits: non-resident withholding tax | |
| LA 8B | General rules particular to life insurers | |
| LA 9 | Use of tax credits | |
| LA 10 | Meaning of tax credit | |
| | |
| LB 1 | Tax credits for PAYE income payments | |
| LB 1B | Treatment of tax credits of certain companies with shareholders who are employees | |
| LB 2 | Tax credits for provisional tax payments | |
| LB 3 | Tax credits for resident withholding tax | |
| LB 4 | Tax credits for families | |
| LB 4B | Tax credit for R&D tax losses | |
| LB 5 | Tax credits for non-resident withholding tax | |
| LB 6 | Tax credits for RSCT | |
| LB 6B | Tax credits for RLWT | |
| LB 7 | Tax credits related to personal service rehabilitation payments: providers | |
| LB 8 | Tax credits related to personal service rehabilitation payments: payers | |
| | |
| [Repealed] | |
| LC 1 | When net income under low income amount [Repealed] | |
| LC 2 | When net income in low income abatement range [Repealed] | |
| [Repealed] | |
| LC 3 | Child’s income [Repealed] | |
| [Repealed] | |
| LC 4 | Tax credits for transitional circumstances [Repealed] | |
| LC 5 | Meaning of engaged in full-time work [Repealed] | |
| [Repealed] | |
| LC 6 | Tax credits for housekeeping [Repealed] | |
| LC 7 | Meaning of housekeeper [Repealed] | |
| LC 8 | Some definitions [Repealed] | |
| [Repealed] | |
| LC 9 | Tax credits for absentees [Repealed] | |
| [Repealed] | |
| LC 10 | Adjustment for change in return date [Repealed] | |
| LC 11 | Adjustment when person is non-resident for part of tax year [Repealed] | |
| LC 12 | Assessment when person is non-resident [Repealed] | |
| | |
| LC 13 | Tax credits for independent earners | |
| | |
| | |
| LD 1 | Tax credits for charitable or other public benefit gifts | |
| LD 2 | Exclusions | |
| LD 3 | Meaning of charitable or other public benefit gift | |
| | |
| LD 4 | Tax credits for payroll donations | |
| LD 5 | Calculating amount of tax credit and filing particulars | |
| LD 6 | When donation is paid to ineligible recipient | |
| LD 7 | When donation returned to person | |
| LD 8 | Meaning and ranking of payroll donation | |
| | |
| LE 1 | Tax credits for imputation credits | |
| LE 2 | Use of remaining credits by companies and trustees | |
| LE 2B | Use of remaining credits by life insurer on policyholder base | |
| LE 3 | Use of remaining credits by others | |
| LE 4 | Trustees for minor beneficiaries | |
| LE 5 | Beneficiaries of trusts | |
| LE 6 | Partners in partnerships | |
| LE 7 | Credit transfer notices | |
| LE 7B | Credit of RSCT for imputation credit | |
| LE 8 | Application of imputation ratio | |
| LE 8B | Dividends from certain FIF interests | |
| LE 9 | Application of combined imputation and FDP ratio [Repealed] | |
| LE 10 | When income tax unpaid | |
| LE 11 | Evidential requirements | |
| [Repealed] | |
| LF 1 | Tax credits for FDP credits [Repealed] | |
| LF 2 | Trustees for minor beneficiaries [Repealed] | |
| LF 3 | Beneficiaries of trusts [Repealed] | |
| LF 4 | Partners in partnerships [Repealed] | |
| LF 5 | Credit transfer notices [Repealed] | |
| LF 6 | Application of FDP ratio [Repealed] | |
| LF 7 | Application of combined imputation and FDP ratio [Repealed] | |
| LF 8 | Credits for persons who are non-resident or who receive exempt income [Repealed] | |
| LF 9 | When income tax unpaid [Repealed] | |
| LF 10 | Evidential requirements [Repealed] | |
| [Repealed] | |
| LH 1 | Who this subpart applies to [Repealed] | |
| LH 2 | Tax credits relating to expenditure on research and development [Repealed] | |
| LH 3 | Requirements [Repealed] | |
| LH 4 | Calculation of amount of credit [Repealed] | |
| LH 5 | Adjustments to eligible expenditure [Repealed] | |
| LH 6 | Research and development activities outside New Zealand [Repealed] | |
| LH 7 | Research and development activities and related terms [Repealed] | |
| LH 8 | Orders in Council [Repealed] | |
| LH 9 | Internal software development: general [Repealed] | |
| LH 10 | Internal software development: no associated internal software developer [Repealed] | |
| LH 11 | Internal software development: associated internal software developer with same income year [Repealed] | |
| LH 12 | Internal software development: associated internal software developer with different income year [Repealed] | |
| LH 13 | Internal software development: limit [Repealed] | |
| LH 14 | Treatment of depreciation loss for certain depreciable property [Repealed] | |
| LH 14B | Recovery of overpaid tax credit [Repealed] | |
| LH 15 | Listed research providers [Repealed] | |
| LH 16 | Industry research co-operatives [Repealed] | |
| LH 17 | Some definitions [Repealed] | |
| | |
| LJ 1 | What this subpart does | |
| LJ 2 | Tax credits for foreign income tax | |
| LJ 3 | Meaning of foreign income tax | |
| LJ 4 | Meaning of segment of foreign-sourced income | |
| LJ 5 | Calculation of New Zealand tax | |
| LJ 6 | Taxable distributions and NRWT rules | |
| LJ 7 | Repaid foreign tax: effect on income tax liability | |
| LJ 8 | Repaid foreign tax: effect on FDP liability [Repealed] | |
| | |
| | |
| LK 1 | Tax credits relating to attributed CFC income | |
| LK 2 | Calculation of amount of credit | |
| LK 3 | Currency conversion | |
| | |
| LK 4 | Use of remaining credits | |
| LK 5 | Companies’ credits carried forward | |
| LK 5B | Credits from tax year before first affected year | |
| LK 6 | Use of credits by group companies | |
| | |
| LK 7 | Taxable distributions and NRWT rules | |
| | |
| LK 8 | Tax credits of consolidated companies | |
| LK 9 | Use of company’s credits carried forward | |
| LK 10 | When group membership lacking in tax year in which credit arises | |
| LK 11 | When group membership lacking in tax year in which credit used | |
| | |
| LK 12 | Treatment of credits when companies amalgamate | |
| LK 13 | Use of credits by amalgamated company | |
| LK 14 | Use by amalgamated company of credits carried forward | |
| LK 15 | Use of amalgamating company’s credits | |
| [Repealed] | |
| LL 1 | What this subpart does [Repealed] | |
| LL 2 | Tax credits for underlying foreign tax [Repealed] | |
| LL 3 | Meaning of grey list dividend [Repealed] | |
| LL 4 | Tracking accounts [Repealed] | |
| LL 5 | Meaning of foreign dividend company net earnings [Repealed] | |
| LL 6 | Foreign dividend company lower tier UFTCs [Repealed] | |
| LL 7 | Conduit financing arrangements [Repealed] | |
| LL 8 | Currency conversion [Repealed] | |
| LL 9 | Some definitions [Repealed] | |
| | |
| LO 1 | Tax credits for Maori authority credits | |
| LO 2 | Beneficiaries of trusts | |
| LO 2B | Credit of RSCT for Maori authority credit | |
| LO 3 | Application of Maori authority distribution ratio | |
| LO 4 | When income tax unpaid | |
| LO 5 | Evidential requirements | |
| | |
| | |
| LP 1 | What this subpart does | |
| | |
| LP 2 | Tax credits for supplementary dividends | |
| LP 3 | Use of remaining credits | |
| LP 4 | Continuity rules for carrying credits forward | |
| LP 5 | Application of benchmark dividend rules and imputation credit ratio | |
| LP 6 | Deriving supplementary dividend and breach of terms of trust | |
| [Repealed] | |
| LP 7 | Requirements for supplementary dividend holding companies [Repealed] | |
| LP 8 | Relationship with exempt income rules [Repealed] | |
| LP 9 | Relationship with RWT rules [Repealed] | |
| LP 10 | Limitation on deductions [Repealed] | |
| [Repealed] | |
| LQ 1 | Tax credits of CTR companies [Repealed] | |
| LQ 2 | Limitation on amount of credit [Repealed] | |
| LQ 3 | Determining percentage of non-resident shareholders [Repealed] | |
| LQ 4 | Date for determining percentage of non-resident shareholders [Repealed] | |
| LQ 5 | CTR additional dividends [Repealed] | |
| [Repealed] | |
| LR 1 | Tax credits for policyholder income [Repealed] | |
| | |
| LS 1 | Tax credits for multi-rate PIEs | |
| LS 2 | Tax credits for investors in multi-rate PIEs | |
| LS 3 | Tax credits for zero-rated investors | |
| LS 4 | Tax credits for certain exiting investors | |
| | |
| LT 1 | Tax credits for petroleum miners | |
| LT 2 | Petroleum mining operations outside New Zealand | |
| | |
| LU 1 | Tax credits for mineral miners | |
| | |
| LY 1 | Research and development tax credits | |
| LY 2 | Key terms | |
| LY 3 | When this subpart applies | |
| LY 4 | Calculation of tax credit | |
| LY 5 | Eligible research and development expenditure | |
| LY 6 | Contracted research and development expenditure | |
| LY 7 | Foreign research and development expenditure | |
| LY 8 | Carry forward for remaining research and development tax credits | |
| LY 9 | Orders in Council | |
| LY 10 | Evaluation | |
| | |
| [Repealed] | |
| LZ 1 | Low tax jurisdiction companies [Repealed] | |
| [Repealed] | |
| LZ 2 | Certain development projects [Repealed] | |
| LZ 3 | Interest derived from development investments [Repealed] | |
| LZ 4 | Dividends derived from development investments [Repealed] | |
| LZ 5 | Some definitions [Repealed] | |
| | |
| LZ 6 | Interest on home vendor mortgages | |
| LZ 7 | Maximum amount of credit under section LZ 6 | |
| LZ 8 | Meaning of home vendor mortgage | |
| [Repealed] | |
| LZ 9 | Savings in special home ownership accounts [Repealed] | |
| LZ 10 | Maximum amount for 1 special home ownership account for 1 tax year [Repealed] | |
| LZ 11 | Maximum amount for all special home ownership accounts for all tax years [Repealed] | |
| LZ 12 | Meaning of increase in savings [Repealed] | |
| | |
| LZ 13 | Part-year override of section LY 3(2)(b) | |
| LZ 14 | Research and development tax credits’ refundability: option for 2019–20 income year | |
| | |
| | |
| MA 1 | What this Part does | |
| MA 2 | Relationship with core provisions | |
| MA 3 | Excluded income | |
| MA 4 | Calculation of amounts of credit producing negative amounts | |
| MA 5 | Advice from outside agencies | |
| MA 6 | Avoidance arrangements | |
| MA 7 | Meaning of full-time earner and earner for family scheme | |
| MA 8 | Some definitions for family scheme | |
| | |
| MB 1 | Adjustments for calculation of family scheme income | |
| MB 2 | Adjustment for period that is less or more than 1 year | |
| MB 3 | When person carries on 1 or more businesses or investment activities | |
| MB 4 | Family scheme income of major shareholders in close companies | |
| MB 5 | Treatment of distributions from superannuation schemes | |
| MB 6 | Treatment of distributions from retirement savings schemes | |
| MB 7 | Family scheme income of settlor of trust | |
| MB 7B | Family scheme income from employment benefits: employees not controlling shareholders | |
| MB 8 | Family scheme income from fringe benefits: controlling shareholders | |
| MB 9 | Family scheme income from deposits in main income equalisation accounts [Repealed] | |
| MB 10 | Family scheme income from certain pensions and annuities | |
| MB 11 | Family scheme income from amounts derived by dependent children | |
| MB 12 | Family scheme income from non-residents’ foreign-sourced income | |
| MB 12B | Family scheme income from trusts, not being beneficiary income, and where recipient not settlor | |
| MB 13 | Family scheme income from other payments | |
| MB 14 | Remission income of discharged bankrupt excluded | |
| | |
| MC 1 | What this subpart does | |
| MC 2 | Who qualifies for entitlements under family scheme? | |
| MC 3 | First requirement: person’s age | |
| MC 4 | Second requirement: principal care | |
| MC 5 | Third requirement: residence or entitlement to emergency benefit | |
| MC 6 | When person does not qualify | |
| MC 7 | When spouse or partner entitled under family scheme | |
| MC 8 | Continuing requirements | |
| MC 9 | Credits for person aged 18 | |
| MC 10 | Principal caregiver | |
| MC 11 | Relationship periods and entitlement periods | |
| | |
| | |
| MD 1 | Abating WFF tax credit | |
| MD 2 | Calculating net contributions to credits | |
| | |
| MD 3 | Calculation of family tax credit | |
| | |
| MD 4 | Entitlement to in-work tax credit | |
| MD 5 | First requirement: person’s age | |
| MD 6 | Second requirement: principal care | |
| MD 7 | Third requirement: residence | |
| MD 8 | Fourth requirement: person not receiving benefit | |
| MD 9 | Fifth requirement: earner | |
| MD 10 | Calculation of in-work tax credit | |
| | |
| MD 11 | Entitlement to parental tax credit | |
| MD 12 | Calculation of parental tax credit | |
| MD 12B | Additional parental tax credit amount included in lump sum if 70-day period crosses 2 tax years | |
| | |
| MD 13 | Calculation of family credit abatement | |
| MD 14 | Person receiving protected family tax credit | |
| MD 15 | Family scheme income for purposes of section MD 14 | |
| MD 16 | Additional parental tax credit abatement amount for lump sum if 70-day period crosses 2 tax years | |
| | |
| ME 1 | Minimum family tax credit | |
| ME 2 | Meaning of employment for this subpart | |
| ME 3 | Meaning of net family scheme income | |
| | |
| MF 1 | Application for payment of tax credit by instalment | |
| MF 2 | When person not entitled to payment by instalment | |
| MF 3 | Calculating amount of interim WFF tax credit | |
| MF 4 | Requirements for calculating instalment of tax credit | |
| MF 4B | Calculation of instalments: 1 April 2008 to 30 September 2008 [Repealed] | |
| MF 4C | Calculation of instalments: 1 October 2008 to 31 March 2009 [Repealed] | |
| MF 4D | Calculation of instalments: 1 April 2010 to 30 September 2010 [Repealed] | |
| MF 4E | Calculation of instalments: 1 October 2010 to 31 March 2011 [Repealed] | |
| MF 4F | Calculation of instalments: 1 April 2018 to 30 June 2018 [Repealed] | |
| MF 4G | Calculation of instalments: 1 July 2018 to 31 March 2019 [Repealed] | |
| MF 4H | Calculation of instalments: 1 April 2021 to 30 June 2021 | |
| MF 4I | Calculation of instalments: 1 July 2021 to 31 March 2022 | |
| MF 5 | Recovery of overpaid tax credit | |
| MF 6 | Overpayment or underpayment of tax credit | |
| MF 7 | Orders in Council | |
| | |
| MG 1 | Best Start tax credit entitlement | |
| MG 2 | Best Start tax credit | |
| MG 3 | Best Start credit abatement | |
| MG 4 | Person receiving protected Best Start tax credit | |
| | |
| MK 1 | Tax credits for superannuation contributions | |
| | |
| MK 2 | Eligibility requirements | |
| MK 3 | Payment of tax credits | |
| MK 4 | Amount of tax credit | |
| MK 5 | Crown contributions for members | |
| MK 6 | Credit given by fund providers | |
| MK 7 | Amounts paid in excess | |
| MK 8 | Treatment of tax credits on permanent emigration | |
| [Repealed] | |
| MK 9 | Eligibility requirements [Repealed] | |
| MK 10 | Amount of credit [Repealed] | |
| MK 11 | When tax credits arise [Repealed] | |
| MK 12 | Using tax credits [Repealed] | |
| MK 13 | When short payment and unpaid compulsory employer contributions found after tax credit used [Repealed] | |
| MK 14 | Employees opting out [Repealed] | |
| MK 15 | Groups of persons | |
| MK 16 | Private domestic workers | |
| [Repealed] | |
| ML 1 | What this subpart does [Repealed] | |
| ML 2 | Tax credit for redundancy payments [Repealed] | |
| ML 3 | Payment by Commissioner [Repealed] | |
| | |
| MX 1 | When subpart applies | |
| MX 2 | Corporate eligibility criteria | |
| MX 3 | Wage intensity criteria | |
| MX 4 | R&D loss tax credits | |
| MX 5 | Cancellation of R&D tax losses | |
| MX 6 | Deduction if increase in basic tax rate for company | |
| MX 7 | Reinstatement of R&D tax losses and R&D repayment tax | |
| | |
| MZ 1 | Entitlement to child tax credit | |
| MZ 2 | Calculation of child tax credit | |
| MZ 3 | Exclusions from determination of family scheme income | |
| | |
| | |
| | |
| OA 1 | What this Part does | |
| OA 2 | Memorandum accounts | |
| OA 3 | General rules for maintaining memorandum accounts | |
| OA 4 | Certain credits and debits arising only in group accounts | |
| | |
| OA 5 | Credits | |
| OA 6 | Debits | |
| | |
| OA 7 | Opening balances of memorandum accounts | |
| | |
| OA 8 | Shareholder continuity requirements for memorandum accounts | |
| | |
| | |
| OA 9 | General treatment of credits and debits on resident’s restricted amalgamation | |
| | |
| OA 10 | When credits or debits due to amalgamating company but not recorded | |
| OA 11 | FDP account on resident’s restricted amalgamation [Repealed] | |
| OA 12 | CTR account on resident’s restricted amalgamation [Repealed] | |
| OA 13 | Policyholder credit account on resident’s restricted amalgamation [Repealed] | |
| | |
| OA 14 | Continuity of shareholding when group companies amalgamate | |
| OA 15 | When credits or debits due to consolidated group but not recorded | |
| OA 16 | When FDP account ends on resident’s restricted amalgamation [Repealed] | |
| OA 17 | When policyholder credit account ends on resident’s restricted amalgamation [Repealed] | |
| | |
| OA 18 | Calculation of maximum permitted ratios | |
| | |
| | |
| OB 1 | General rules for companies with imputation credit accounts | |
| OB 2 | Australian companies with imputation credit accounts | |
| OB 3 | Imputation credit accounts | |
| OB 3B | General rule for life insurer’s policyholder base | |
| | |
| OB 4 | ICA payment of tax or transfer to account | |
| OB 5 | ICA deposit in tax pooling account | |
| OB 6 | ICA transfer from tax pooling account | |
| OB 7 | ICA payment of further income tax | |
| OB 7B | ICA payment of qualifying company election tax | |
| OB 7C | ICA expenditure on research and development [Repealed] | |
| OB 8 | ICA resident withholding tax withheld | |
| OB 9 | ICA dividend derived with imputation credit | |
| OB 9B | ICA attributed PIE income with imputation credit | |
| OB 9C | ICA credit for research and development tax credit | |
| OB 10 | ICA dividend derived with FDP credit [Repealed] | |
| OB 11 | ICA payment of FDP [Repealed] | |
| OB 12 | ICA transfer from FDP account [Repealed] | |
| OB 13 | ICA transfer of debit balance on leaving wholly-owned group | |
| OB 14 | ICA payment of tax on leaving wholly-owned group | |
| OB 15 | ICA payment of tax on joining wholly-owned group | |
| OB 16 | ICA attribution for personal services | |
| OB 17 | ICA transfer from policyholder credit account [Repealed] | |
| OB 18 | ICA transfer from ASC account | |
| OB 19 | ICA transfer to master fund | |
| OB 19B | ICA transfer to loss-using group company | |
| OB 20 | ICA distribution with Maori authority credit | |
| OB 21 | ICA balance of Maori authority credit account | |
| OB 22 | ICA replacement payment to company under share-lending arrangement | |
| OB 23 | ICA credit transfer to company | |
| OB 23B | ICA transfer from consolidated imputation group to departing member for unused tax payment | |
| OB 24 | ICA credit on resident’s restricted amalgamation | |
| OB 25 | ICA reversal of tax advantage arrangement | |
| OB 26 | ICA elimination of double debit | |
| OB 27 | ICA non-resident withholding tax withheld | |
| OB 28 | ICA payment of amount of tax for schedular payment | |
| OB 29 | ICA payment of schedular income tax | |
| | |
| OB 30 | ICA payment of dividend | |
| OB 31 | ICA allocation of provisional tax | |
| OB 32 | ICA refund of tax or transfer from account | |
| OB 33 | ICA amount applied to pay other taxes | |
| OB 34 | ICA refund from tax pooling account | |
| OB 35 | ICA transfer within tax pooling account | |
| OB 35B | ICA debit for transfer from tax pooling account for policyholder base liability | |
| OB 36 | ICA refund of FDP [Repealed] | |
| OB 37 | ICA refund of tax credit | |
| OB 38 | ICA overpayment of FDP [Repealed] | |
| OB 39 | ICA transfer for net foreign attributed income [Repealed] | |
| OB 40 | ICA attribution for personal services | |
| OB 41 | ICA debit for loss of shareholder continuity | |
| OB 42 | ICA on-market cancellation | |
| OB 43 | ICA breach of imputation ratio | |
| OB 44 | ICA debit on leaving wholly-owned group | |
| OB 45 | ICA redemption debit | |
| OB 46 | ICA transfer from member fund | |
| OB 46B | ICA transfer from group company to loss-using group company | |
| OB 47 | Debit for policyholder base imputation credits | |
| OB 47B | Tax paid by recipients of R&D loss tax credits | |
| OB 48 | ICA credit balance when Maori authority credit account starts | |
| OB 49 | ICA replacement payment by company under share-lending arrangement | |
| OB 50 | ICA returning share transfer | |
| OB 51 | ICA credit transfer by company | |
| OB 52 | ICA transfer to consolidated imputation group | |
| OB 53 | ICA debit on resident’s restricted amalgamation | |
| OB 54 | ICA tax advantage arrangement | |
| OB 55 | ICA retrospective imputation credit | |
| OB 56 | ICA final balance | |
| OB 57 | ICA refund of NRWT | |
| OB 58 | ICA refund of amount of tax for schedular payment | |
| OB 59 | ICA refund of schedular income tax | |
| | |
| OB 60 | Imputation credits attached to dividends | |
| OB 61 | ICA benchmark dividend rules | |
| OB 62 | Retrospective attachment of imputation credits | |
| OB 63 | Australian dividends | |
| OB 64 | Replacement payments | |
| | |
| OB 65 | Further income tax for ICA closing debit balance | |
| OB 66 | Further income tax when company stops being ICA company | |
| OB 67 | Reduction of further income tax | |
| OB 68 | Income tax paid satisfying liability for further income tax | |
| OB 69 | Further income tax paid satisfying liability for income tax | |
| OB 70 | Application of other provisions | |
| | |
| OB 71 | Imputation additional tax on leaving group of companies | |
| OB 72 | Imputation additional tax on joining wholly-owned group | |
| OB 72B | Limit on using entitlement to refund after joining wholly-owned group | |
| | |
| OB 73 | Statutory producer boards attaching imputation credits to cash distributions | |
| OB 74 | Statutory producer boards attaching imputation credits to notional distributions | |
| OB 75 | Statutory producer boards’ notional distributions that are dividends | |
| OB 76 | Statutory producer boards attaching FDP credits [Repealed] | |
| OB 77 | When and how statutory producer board makes election | |
| OB 78 | Co-operative companies attaching imputation credits to cash distributions | |
| OB 78B | Co-operative companies attaching imputation credits to cash distributions to groups | |
| OB 79 | Co-operative companies attaching imputation credits to notional distributions | |
| OB 80 | Co-operative companies’ notional distributions that are dividends | |
| OB 81 | Co-operative companies attaching FDP credits [Repealed] | |
| OB 82 | When and how co-operative company makes election | |
| | |
| OB 83 | Group companies transferring imputation credits with transfer of tax loss | |
| OB 84 | When and how group company transferring tax loss makes election | |
| | |
| | |
| | |
| [Repealed] | |
| [Repealed] | |
| OC 1 | General rules for companies with FDP accounts [Repealed] | |
| OC 2 | FDP accounts [Repealed] | |
| OC 2B | General rule for life insurer’s policyholder base [Repealed] | |
| OC 3 | Choosing to become FDPA company [Repealed] | |
| OC 4 | When company chooses to stop being FDPA company [Repealed] | |
| OC 5 | When company emigrates [Repealed] | |
| [Repealed] | |
| OC 6 | FDPA payment of FDP [Repealed] | |
| OC 7 | FDPA dividend derived with FDP credit [Repealed] | |
| OC 8 | FDPA payment of FDP for transfer from CTR account [Repealed] | |
| OC 9 | FDPA transfer for net foreign attributed income [Repealed] | |
| OC 10 | FDPA payment of FDP for conduit debit balance [Repealed] | |
| OC 11 | FDPA credit transfer to company [Repealed] | |
| OC 12 | FDPA reversal of tax advantage arrangement [Repealed] | |
| [Repealed] | |
| OC 13 | FDPA payment of dividend [Repealed] | |
| OC 14 | FDPA refund of FDP [Repealed] | |
| OC 15 | FDPA overpayment of FDP [Repealed] | |
| OC 16 | FDPA refund of tax credit [Repealed] | |
| OC 17 | FDPA credit transfer by company [Repealed] | |
| OC 18 | FDPA transfer to imputation credit account [Repealed] | |
| OC 19 | FDPA transfer to CTR account [Repealed] | |
| OC 20 | Debit for policyholder base FDP credits [Repealed] | |
| OC 21 | FDPA transfer to group account [Repealed] | |
| OC 22 | FDPA breach of FDP ratio [Repealed] | |
| OC 23 | FDPA breach of FDP ratio by PCA company [Repealed] | |
| OC 24 | FDPA debit for loss of shareholder continuity [Repealed] | |
| OC 25 | FDPA tax advantage arrangement [Repealed] | |
| OC 26 | FDPA final balance [Repealed] | |
| [Repealed] | |
| OC 27 | FDP credits attached to dividends [Repealed] | |
| OC 28 | FDPA benchmark dividend rules [Repealed] | |
| OC 29 | FDP credits and imputation credits attached to dividends [Repealed] | |
| [Repealed] | |
| OC 30 | Payment of further income tax for closing debit balance [Repealed] | |
| OC 31 | Payment of further income tax when company no longer New Zealand resident [Repealed] | |
| OC 32 | Reduction of further income tax [Repealed] | |
| OC 33 | Income tax paid satisfying liability for further income tax [Repealed] | |
| OC 34 | Further income tax paid satisfying liability for income tax [Repealed] | |
| [Repealed] | |
| OC 35 | Meaning of FDP reference period [Repealed] | |
| OC 36 | Meaning of maximum deficit debit [Repealed] | |
| OC 37 | Meaning of policyholder FDP ratio [Repealed] | |
| OC 38 | Meaning of reduced deficit debit [Repealed] | |
| OC 39 | Meaning of shareholder FDP ratio [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| OD 1 | General rules for companies with CTR accounts [Repealed] | |
| OD 2 | CTR accounts [Repealed] | |
| OD 3 | Choosing to become CTR company [Repealed] | |
| OD 4 | When company stops being CTR company [Repealed] | |
| [Repealed] | |
| OD 5 | CTRA tax credit for conduit tax relief [Repealed] | |
| OD 6 | CTRA transfer from FDP account [Repealed] | |
| OD 7 | CTRA dividend derived with CTR credit [Repealed] | |
| OD 8 | CTRA reduction of FDP [Repealed] | |
| OD 9 | CTRA reversal of tax advantage arrangement [Repealed] | |
| [Repealed] | |
| OD 10 | CTRA payment of dividend [Repealed] | |
| OD 11 | CTRA transfer to FDP account [Repealed] | |
| OD 12 | CTRA transfer to group account [Repealed] | |
| OD 13 | CTRA adjustment for conduit tax relief [Repealed] | |
| OD 14 | CTRA break in shareholding chain for group company [Repealed] | |
| OD 15 | CTRA break in shareholding chain for company [Repealed] | |
| OD 16 | CTRA increase in resident shareholding [Repealed] | |
| OD 17 | CTRA breach of CTR ratio [Repealed] | |
| OD 18 | CTRA tax advantage arrangement [Repealed] | |
| OD 19 | CTRA final balance [Repealed] | |
| [Repealed] | |
| OD 20 | CTR credits attached to dividends [Repealed] | |
| OD 21 | CTRA benchmark dividend rules [Repealed] | |
| OD 22 | CTR credits and imputation credits attached to dividends [Repealed] | |
| [Repealed] | |
| OD 23 | FDP payable for CTR debits [Repealed] | |
| OD 24 | FDP payable on resident’s restricted amalgamation [Repealed] | |
| OD 25 | Refunds on transfers to CTR account [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| | |
| | |
| OE 1 | General rules for persons with branch equivalent tax accounts | |
| [Repealed] | |
| [Repealed] | |
| OE 2 | Branch equivalent tax accounts of companies [Repealed] | |
| OE 3 | Choosing to become BETA company [Repealed] | |
| OE 4 | When company stops being BETA company [Repealed] | |
| OE 5 | Treatment of attributed CFC income and FIF income in this subpart | |
| [Repealed] | |
| OE 6 | BETA payment of income tax on foreign income [Repealed] | |
| OE 7 | BETA payment of income tax [Repealed] | |
| OE 8 | BETA unused amount of debit balance [Repealed] | |
| OE 9 | BETA refund of FDP [Repealed] | |
| OE 10 | BETA credit for loss of shareholder continuity [Repealed] | |
| OE 11 | BETA final balance [Repealed] | |
| [Repealed] | |
| OE 11B | Company with debit balance, including debits from conduit relief, in some income years [Repealed] | |
| [Repealed] | |
| OE 12 | BETA payment of FDP [Repealed] | |
| OE 13 | BETA reduction in FDP [Repealed] | |
| OE 14 | BETA refund of income tax [Repealed] | |
| OE 15 | BETA debit for loss of shareholder continuity [Repealed] | |
| OE 16 | BETA final balance [Repealed] | |
| [Repealed] | |
| OE 16B | Company with credit balance at beginning of first affected income year [Repealed] | |
| | |
| | |
| OE 17 | Person choosing to become BETA person | |
| OE 18 | When person stops being BETA person | |
| | |
| OE 19 | BETA person’s payment of income tax on foreign income | |
| | |
| OE 20 | BETA person’s payment of income tax | |
| OE 21 | BETA person’s refund of income tax | |
| OE 22 | BETA person’s final balance | |
| [Repealed] | |
| [Repealed] | |
| | |
| | |
| | |
| | |
| OF 1 | General rules for companies with ASC accounts | |
| OF 2 | ASC accounts | |
| OF 3 | Choosing to become ASC account company | |
| | |
| OF 4 | ASCA redemption credit | |
| | |
| OF 5 | ASCA transfer to imputation credit account | |
| | |
| | |
| [Repealed] | |
| [Repealed] | |
| OJ 1 | General rules for companies and other persons with policyholder credit accounts [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| OJ 2 | Policyholder credit accounts of companies [Repealed] | |
| [Repealed] | |
| OJ 3 | PCA transfer from imputation credit account [Repealed] | |
| OJ 4 | PCA transfer from FDP account [Repealed] | |
| OJ 5 | PCA transfer of life insurance business [Repealed] | |
| OJ 6 | PCA credit for maximum deficit in FDP account [Repealed] | |
| OJ 7 | PCA credit for reduced deficit in FDP account [Repealed] | |
| [Repealed] | |
| OJ 8 | PCA payment of tax relating to policyholder base [Repealed] | |
| OJ 9 | PCA transfer to imputation credit account [Repealed] | |
| OJ 10 | PCA transfer to group account [Repealed] | |
| OJ 11 | PCA company’s transfer of life insurance business [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| OJ 12 | Choosing to become PCA person [Repealed] | |
| OJ 13 | Choosing to stop being PCA person [Repealed] | |
| [Repealed] | |
| OJ 14 | PCA person’s equivalent credit [Repealed] | |
| OJ 15 | PCA person’s credit for transfer of life insurance business [Repealed] | |
| [Repealed] | |
| OJ 16 | PCA person’s payment of tax relating to policyholder base [Repealed] | |
| OJ 17 | PCA person’s equivalent debit [Repealed] | |
| OJ 18 | PCA person’s debit for transfer of life insurance business [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| [Repealed] | |
| | |
| | |
| OK 1 | General rules for Maori authorities with Maori authority credit accounts | |
| | |
| OK 2 | MACA payment of tax or transfer to account | |
| OK 3 | MACA transfer of excess tax from other Maori authorities | |
| OK 4 | MACA payment of further income tax | |
| OK 4B | MACA expenditure on research and development [Repealed] | |
| OK 5 | MACA distribution with Maori authority credit | |
| OK 6 | MACA dividend derived with imputation credit | |
| OK 6B | MACA attributed PIE income with imputation credit | |
| OK 6C | MACA research and development tax credit | |
| OK 7 | MACA dividend derived with FDP credit [Repealed] | |
| OK 8 | MACA resident withholding tax withheld | |
| OK 9 | MACA reversal of tax advantage arrangement | |
| | |
| OK 10 | MACA distribution | |
| OK 11 | MACA transfer of excess tax to other Maori authorities | |
| OK 12 | MACA refund of income tax or transfer of excess tax to period or tax type | |
| OK 13 | MACA payment of other taxes | |
| OK 14 | MACA refund of FDP [Repealed] | |
| OK 14B | MACA refund of tax credit | |
| OK 15 | MACA debit for loss of shareholder continuity | |
| OK 16 | MACA breach of Maori authority credit ratio | |
| OK 17 | MACA tax advantage arrangement | |
| OK 18 | MACA final balance | |
| | |
| OK 19 | Maori authority credits attached to distributions | |
| OK 20 | MACA benchmark distribution rules | |
| | |
| OK 21 | Further income tax for closing debit balance | |
| OK 22 | Further income tax paid when Maori authority no longer Maori authority | |
| OK 23 | Further income tax paid satisfying liability for income tax | |
| OK 24 | Income tax paid satisfying liability for further income tax | |
| | |
| | |
| | |
| | |
| OP 1 | Memorandum accounts of consolidated groups | |
| OP 2 | When credits and debits arise only in group accounts | |
| | |
| | |
| OP 3 | Changes in consolidated imputation groups | |
| OP 4 | Resident imputation subgroups | |
| OP 5 | When credits and debits arise only in consolidated imputation group accounts | |
| OP 6 | Provisions applying to consolidated imputation groups | |
| | |
| OP 7 | Consolidated ICA payment of tax | |
| OP 8 | Consolidated ICA deposit in tax pooling account | |
| OP 9 | Consolidated ICA transfer from tax pooling account | |
| OP 10 | Consolidated ICA allocation from company with overpaid provisional tax | |
| OP 11 | Consolidated ICA payment of further income tax | |
| OP 11B | Consolidated ICA expenditure on research and development [Repealed] | |
| OP 11C | Consolidated ICA credit for research and development tax credit | |
| OP 12 | Consolidated ICA dividend derived with imputation credit | |
| OP 13 | Consolidated ICA dividend derived with FDP credit [Repealed] | |
| OP 14 | Consolidated ICA payment of FDP [Repealed] | |
| OP 15 | Consolidated ICA replacement payment to company under share-lending arrangement | |
| OP 16 | Consolidated ICA credit transfer to company | |
| OP 16B | Consolidated ICA credit transfer to departing consolidated imputation group for unused tax payment | |
| OP 17 | Consolidated ICA resident withholding tax withheld | |
| OP 18 | Consolidated ICA transfer from group company’s FDP account [Repealed] | |
| OP 19 | Consolidated ICA transfer from group’s FDP account [Repealed] | |
| OP 20 | Consolidated ICA transfer from group company’s policyholder credit account [Repealed] | |
| OP 21 | Consolidated ICA transfer from group’s policyholder credit account [Repealed] | |
| OP 22 | Consolidated ICA transfer from group company’s ICA | |
| OP 23 | Consolidated ICA elimination of double debit | |
| OP 24 | Consolidated ICA reversal of tax advantage arrangement | |
| OP 25 | Consolidated ICA non-resident withholding tax withheld | |
| OP 26 | Consolidated ICA payment of amount of tax for schedular payment | |
| OP 27 | Consolidated ICA payment of schedular income tax liability | |
| | |
| OP 28 | Consolidated ICA payment of dividend | |
| OP 29 | Consolidated ICA allocation of provisional tax | |
| OP 30 | Consolidated ICA refund of income tax | |
| OP 31 | Consolidated ICA amount applied to pay other taxes | |
| OP 32 | Consolidated ICA refund from tax pooling account | |
| OP 33 | Consolidated ICA transfer within tax pooling account | |
| OP 33B | Consolidated ICA debit for transfer from tax pooling account for policyholder base liability | |
| OP 34 | Consolidated ICA refund of FDP [Repealed] | |
| OP 35 | Consolidated ICA refund of tax credit | |
| OP 36 | Consolidated ICA overpayment of FDP [Repealed] | |
| OP 37 | Consolidated ICA group company’s debit | |
| OP 38 | Consolidated ICA transfer for net foreign attributed income [Repealed] | |
|