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Income Tax Act 2007

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

EY 46: Income from disposal of property

You could also call this:

“Deleted rule about income from selling property”

This part of the law used to talk about income from selling property. It was part of a section about changes in tax rules and yearly payments. However, this rule doesn’t exist anymore. The government took it out of the law on 1 July 2010. If you want to know more about why this happened, you can look at section 190(1) of another law that changed tax rules.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1515963.

Topics:
Money and consumer rights > Taxes
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EY 45: Policyholder income formula: when life insurance business transferred, or

“This rule about calculating policyholder income for transferred life insurance businesses is no longer in use”

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EY 47: Deductions for disposal of property, or

“This rule about tax deductions for selling property no longer applies”

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

EY 46Income from disposal of property (Repealed)

    Notes
    • Section EY 46: repealed, on , by section 190(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).