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Income Tax Act 2007

Timing and quantifying rules - Spreading of specific income

EI 8: Disposal of land to the Crown

You could also call this:

"Selling land to the government: what you need to know"

Illustration for Income Tax Act 2007

You are looking at a law called the Income Tax Act 2007. It has a part called 'Disposal of land to the Crown' that is no longer valid. This part was removed from the law on 26 August 2024 by the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025, which you can find on the legislation website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1515079.

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Topics:
Money and consumer rights > TaxesHousing and property > Buying and selling homesHousing and property > Land use
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EI 7: Leases: income derived in anticipation, or

"Spreading advance income from lease-related payments over multiple years"

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EI 9: Matching rule for employment income of shareholder-employee, or

"When shareholder-employees count their income from the company for tax"

Part ETiming and quantifying rules
Spreading of specific income

EI 8Disposal of land to the Crown (Repealed)

    Notes
    • Section EI 8: repealed (with effect on 26 August 2024), on , by section 49 of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).