Income Tax Act 2007 (New Zealand)
E897955
The Income Tax Act 2007 (New Zealand) is the primary statute that sets out New Zealand’s modern income tax rules, defining how individuals and entities are taxed on their income.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Income Tax Act 2007 (New Zealand) canonical | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Act of Parliament of New Zealand
ⓘ
tax statute ⓘ |
| administeredBy | Inland Revenue Department (New Zealand) NERFINISHED ⓘ |
| appliesFrom | income years after its commencement date ⓘ |
| appliesTo |
companies in New Zealand
ⓘ
individual taxpayers in New Zealand ⓘ non-residents with New Zealand-sourced income ⓘ partnerships in New Zealand ⓘ trusts in New Zealand ⓘ |
| contains |
provisions on anti-avoidance rules
ⓘ
provisions on deductions ⓘ provisions on exemptions ⓘ provisions on tax credits and rebates ⓘ provisions on tax rates ⓘ |
| country | New Zealand ⓘ |
| defines |
GST income tax interactions
ⓘ
PAYE (pay as you earn) NERFINISHED ⓘ assessable income ⓘ fringe benefit tax income interactions ⓘ imputation credits ⓘ income year ⓘ non-resident withholding tax ⓘ residence for income tax ⓘ resident withholding tax ⓘ source of income ⓘ tax credits ⓘ taxable income ⓘ withholding taxes ⓘ |
| governingLawArea |
income tax
ⓘ
international tax ⓘ residence for tax purposes ⓘ source rules for income ⓘ tax administration (core rules) ⓘ taxation of companies ⓘ taxation of individuals ⓘ withholding tax ⓘ |
| jurisdiction | New Zealand ⓘ |
| language | English ⓘ |
| legalStatus | in force ⓘ |
| legalSystem | New Zealand legal system ⓘ |
| legislativeBody | New Zealand Parliament NERFINISHED ⓘ |
| predecessor | Income Tax Act 2004 (New Zealand) NERFINISHED ⓘ |
| primaryPurpose |
to determine how entities are taxed on income
ⓘ
to determine how individuals are taxed on income ⓘ to set out New Zealand’s modern income tax rules ⓘ |
| replaces | Income Tax Act 2004 (New Zealand) NERFINISHED ⓘ |
| shortName | Income Tax Act 2007 NERFINISHED ⓘ |
| subjectToAmendmentBy | New Zealand Parliament NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.