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Income Tax Act 2007

Timing and quantifying rules - Income equalisation schemes - Refunds: on application

EH 53: Refund on bankruptcy

You could also call this:

“This provision about tax refunds during bankruptcy has been removed from the law”

This part of the law used to talk about getting a refund when someone goes bankrupt. However, it has been removed from the law. This change happened on 18 March 2019. The law that made this change is called the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1514956.

Topics:

Money and consumer rights > Taxes

EH 52: Income when refund given on death, and election to allocate amount to later year or years, or

“Cancelled rule about spreading tax refunds after death”

EH 54: Income when refund given on bankruptcy, or

“This provision about refunds during bankruptcy has been removed from the law”

Part E Timing and quantifying rules
Income equalisation schemes: Refunds: on application

EH 53Refund on bankruptcy (Repealed)

Notes

Section EH 53: repealed, on 18 March 2019, by section 169(7) (and see section 169(11) for application) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).