Income Tax Act 2007

Income Tax Act 2007

Introduction

“Understanding Your Tax Obligations”

This law has a few main purposes. You will find out what taxes you have to pay, like income tax and provisional tax. The law also explains how to calculate and pay these taxes, and how the different parts of the law work together.

The law sets out steps to follow when working out your tax and meeting your tax obligations, as outlined in this Act. You can find more information on how to do this by reading the relevant sections of the law.

The purpose of this part is also to provide a foundation for the rest of the law, and to show how the different parts are connected. If you want to know more about how this part of the law compares to an earlier version, you can look at the earlier version of BA 1.

This helps you understand how the law is organised and how it all fits together. The law is divided into different parts, and this part helps explain how they are linked.

You can use this information to understand your tax obligations and how to meet them, by following the procedures set out in the law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1512300.


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A 1: Title, or

"This provision states the official name of the law: Income Tax Act 2007"