Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
HL 19B: Treatment of certain provisions made by portfolio tax rate entity
or “Portfolio tax rate entities: outdated rules for handling provisions”
You could also call this:

“Calculating investment income and loss for different portfolio types (no longer applicable)”

You should know that this section of the law has been removed. It was about how to calculate the income and loss for different types of investments in a portfolio for a certain time period. This part of the law was taken out on 1 April 2010. It no longer applies to tax years from 2010-11 onwards.

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 It might be out of date or be missing some parts.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 21: Portfolio entity tax liability and tax credits of portfolio tax rate entity for period

or “This provision, which detailed tax obligations for portfolio tax rate entities, is no longer in effect”
Next

Part H Taxation of certain entities
Portfolio investment entities

HL 20Portfolio class taxable income and portfolio class taxable loss for portfolio allocation period (Repealed)

    Notes
    • Section HL 20: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act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).