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Income Tax Act 2007

Timing and quantifying rules - Financial arrangements rules

EW 28: How base price adjustment calculated

You could also call this:

“Calculating the base price adjustment for financial arrangements”

If you need to calculate a base price adjustment for a financial arrangement, you must use a specific formula. This formula is explained in another part of the law called section EW 31. You might need to do this calculation in certain situations, which are described in sections EW 29 and EW 30. These sections will tell you when you need to work out a base price adjustment.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1515298.

Topics:
Money and consumer rights > Taxes
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EW 27: Spreading method adjustment formula, or

“How to calculate the difference when changing your income calculation method”

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EW 29: When calculation of base price adjustment required, or

“When you need to work out the base price for a financial arrangement”

Part E Timing and quantifying rules
Financial arrangements rules

EW 28How base price adjustment calculated

  1. A party to a financial arrangement who must calculate a base price adjustment, as described in sections EW 29 and EW 30, calculates it using the formula in section EW 31.

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