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Income Tax Act 2007

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

EY 43: Policyholder income formula

You could also call this:

“Policyholder income formula no longer used since 1 July 2010”

The ‘Policyholder income formula’ rule has been removed from the law. This means you no longer need to use this formula when calculating policyholder income. This change happened on 1 July 2010. If you need to know more about policyholder income, you might want to look at other parts of the Income Tax Act 2007 that are still in effect.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1515935.

Topics:

Money and consumer rights > Taxes

EY 42: How policyholder income is calculated, or

“This section about calculating policyholder income is no longer in use”

EY 43B: Policyholder income formula: FDR adjustment, or

“Outdated rule about policyholder income and FDR adjustments no longer applies”

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

EY 43Policyholder income formula (Repealed)

Notes

Section EY 43: repealed, on 1 July 2010, by section 190(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).