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Income Tax Act 2007

Income - Income from mineral mining

CU 1: Mineral miner's income

You could also call this:

“Money earned from mineral mining and related activities is taxable income”

If you are a mineral miner, any money you earn from your mining operations or activities related to mining is considered income. This includes all the money you make from mining and any other work you do that is connected to your mining business.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1512977.

Topics:
Money and consumer rights > Taxes
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Part C Income
Income from mineral mining

CU 1Mineral miner's income

  1. An amount that a mineral miner derives from their mining operations or associated mining operations is income of the mineral miner.

Notes
  • Section CU 1: replaced, on (applying for the 2014–15 and later income years), by section 14(1) of the Taxation (Annual Rates, Foreign Superannuation, and Remedial Matters) Act 2014 (2014 No 4).