Income Tax Act 2007

Timing and quantifying rules - Life insurance rules - Transitional adjustments and annuities

EY 32: Mortality profit formula: when partial reinsurance exists

You could also call this:

“This outdated section on calculating mortality profit with partial reinsurance was removed”

This part of the law used to explain how to calculate mortality profit when there was partial reinsurance. However, it no longer applies. The government removed this section on 1 July 2010. If you need to know about mortality profit calculations now, you should look at other parts of the Income Tax Act 2007 or ask a tax expert for help.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1515891.

Topics:
Money and consumer rights > Taxes

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EY 31: Annuities, or

“Rules for calculating income or deductions from life insurance annuities”


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EY 33: Mortality profit formula: individual result may be negative only in some cases, or

“Rules for negative mortality profit calculations in insurance are no longer applicable”

Part E Timing and quantifying rules
Life insurance rules: Transitional adjustments and annuities

EY 32Mortality profit formula: when partial reinsurance exists (Repealed)

    Notes
    • Section EY 32: repealed, on , by section 190(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).