Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Deductions - Other expenditure

DX 2: Tax credits: conduit financing arrangements

You could also call this:

“Tax credits for certain financing arrangements were discontinued in 2009”

You used to be able to get tax credits for something called conduit financing arrangements. However, this is no longer the case. The government removed this option on 30 June 2009. This means you can’t claim these tax credits anymore.

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 It might be out of date or be missing some parts.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

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1514199.

Topics:
Money and consumer rights > Taxes
Previous

DX 1: Testamentary annuities, or

“Tax deductions for annuities paid due to wills or family agreements”

Next

DX 3: Tax credits: supplementary dividend holding companies, or

“Rules about tax credits for certain companies were removed in 2012”

Part D Deductions
Other expenditure

DX 2Tax credits: conduit financing arrangements (Repealed)

    Notes
    • Section DX 2: repealed (with effect on 30 June 2009), on , by section 110(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).