Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Income - Income from equity

CD 47: New Zealand property amount

You could also call this:

“Removed rule about property-related income in New Zealand”

The ‘New Zealand property amount’ provision in the Income Tax Act 2007 has been repealed. This means it is no longer part of the law. The removal of this provision happened on 30 June 2009. You don’t need to worry about this rule anymore because it doesn’t apply.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1512740.

Topics:
Money and consumer rights > Taxes
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“This rule about a type of income no longer applies”

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CD 48: Cost of tangible property, or

“This section about calculating the cost of physical items has been removed”

Part C Income
Income from equity

CD 47New Zealand property amount (Repealed)

    Notes
    • Section CD 47: repealed (with effect on 30 June 2009), on , by section 22(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).