Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
HL 14: Tax consequences from transition
or “How tax rules changed for certain entities after a transition period”
You could also call this:

“ Rules for ending portfolio investment entity status no longer apply ”

This part of the law is about how to stop being a portfolio investment entity. A portfolio investment entity is a special type of investment company. The law used to explain what happens when a company stops being this type of entity. However, this part of the law no longer applies. It was removed on 1 April 2010. This means that from the 2010-2011 tax year onwards, these rules are no longer in use.

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 It might be out of date or be missing some parts.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

Next up: HL 16: Portfolio allocation period and portfolio calculation period

or “Removed tax periods for certain investments”
Next

Part H Taxation of certain entities
Portfolio investment entities

HL 15Ceasing to be portfolio investment entity (Repealed)

    Notes
    • Section HL 15: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).