Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
CX 38: Meaning of work-related vehicle
or “What counts as a work vehicle for tax purposes”
You could also call this:

“This rule about life insurance and taxes was removed in 2010”

This part of the law used to talk about life insurers and fully reinsured persons. However, it was removed from the Income Tax Act 2007 on 1 July 2010. This means that this specific rule no longer applies. If you want to know about life insurance and taxes now, you might need to look at other parts of the law.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

Next up: CX 40: Superannuation fund deriving amount from life insurance policy

or “Tax exemption for super funds receiving money from NZ life insurance policies”
Next

Part C Income
Excluded income: Definitions

CX 39Life insurers and fully reinsured persons (Repealed)

    Notes
    • Section CX 39: repealed, on , by section 55(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).