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CD 45: When does a person have attributed repatriation from a controlled foreign company?
or “This rule about money from overseas companies no longer applies”
You could also call this:

“This rule about a type of income no longer applies”

This part of the law used to talk about something called a ‘New Zealand repatriation amount’ in relation to income. However, this rule no longer exists. It was removed from the Income Tax Act 2007 on 30 June 2009. This means you don’t need to worry about this rule anymore when thinking about your income for tax purposes.

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Next up: CD 47: New Zealand property amount

or “Removed rule about property-related income in New Zealand”
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Part C Income
Income from equity

CD 46New Zealand repatriation amount (Repealed)

    Notes
    • Section CD 46: repealed (with effect on 30 June 2009), on , by section 22(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).