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New Zealand law explained for everyone

Income Tax Act 2007

Deductions - Attributed losses from foreign equity

DN 7: Calculation of FIF loss

You could also call this:

“How to work out your Foreign Investment Fund loss”

When you need to figure out how much Foreign Investment Fund (FIF) loss you have, you’ll use special calculation methods. These methods are explained in sections EX 44 to EX 61 of the law. These sections tell you how to work out your FIF income or loss. The amount of FIF loss you calculate depends on which method you use.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1513909.

Topics:
Money and consumer rights > Taxes
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DN 6: When FIF loss arises, or

“When you might have a loss from foreign investments”

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DN 8: Ring-fencing cap on deduction: attributable FIF income method, or

“Limits on deductions for foreign investment fund losses”

Part D Deductions
Attributed losses from foreign equity

DN 7Calculation of FIF loss

  1. The amount of a FIF loss is calculated, using the relevant calculation method, under sections EX 44 to EX 61 (which relate to the calculation of FIF income or loss).

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