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Income Tax Act 2007

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

EH 56: Income when refund given on liquidation

You could also call this:

“Refunds during liquidation are no longer part of income tax rules”

This section of the law has been removed. It used to talk about income when you get a refund during liquidation, but it’s not part of the rules anymore. The government took it out of the law on 18 March 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=DLM1514962.

Topics:
Money and consumer rights > Taxes
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EH 55: Refund on liquidation, or

“Refunds for closing companies no longer available under this provision”

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EH 57: Amendment of assessment, or

“This provision about changing tax assessments has been removed from the law”

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

EH 56Income when refund given on liquidation (Repealed)

    Notes
    • Section EH 56: repealed, on , by section 169(7) (and see section 169(11) for application) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial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).