Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Taxation of certain entities - Agents

HD 19: Persons receiving absentees’ income

You could also call this:

“Handling income for someone overseas”

If you receive, control, or handle money that belongs to someone who is not in New Zealand (an absentee), the law treats you as their agent. This means you are responsible for that money as if it were your own income. This rule applies to any income that the absent person earns, even if you’re just looking after it for them.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1517432.

Topics:
Money and consumer rights > Taxes
Previous

HD 18: Agency in relation to absentees generally, or

“Rules for representing absent taxpayers”

Next

HD 20: Persons carrying on business for absentees, or

“Running a business in NZ for someone living overseas”

Part H Taxation of certain entities
Agents

HD 19Persons receiving absentees’ income

  1. A person is treated as an agent if they receive, control, or dispose of income derived by a principal who is an absentee.

Compare
Notes
  • Section HD 19 list of defined terms control: repealed, on , by section 594 of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).