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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: a rule that is no longer used”

When you look at the law about income tax, there is a part called ‘Disposal of land to the Crown’. This part is no longer used because it was repealed. It was repealed by the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 on 29 March 2025. You can find more information about this change in section 49 of that Act. The repeal took effect on 26 August 2024. This means you do not need to follow the rules in ‘Disposal of land to the Crown’ anymore.

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EI 8Disposal of land to the Crown (Repealed)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    • Section EI 8: repealed (with effect on 26 August 2024), on , by section 49 of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).