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Income Tax Act 2007

Taxation of certain entities - Portfolio investment entities

HL 33: Portfolio investor proxies

You could also call this:

“This provision about investment representatives is no longer in effect”

This part of the law used to talk about ‘Portfolio investor proxies’. However, it’s no longer in effect. The government removed this section on 1 April 2010. This means it doesn’t apply to any tax years from 2010-11 onwards. If you want to know what rules apply now, you’ll need to look at other parts of the tax law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1517634.

Topics:
Money and consumer rights > Taxes
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HL 32: Treatment of portfolio class taxable loss and portfolio class land loss for tax year, or

“This rule about handling certain tax losses was removed in 2010”

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HM 1: Outline of subpart and relationship with other Parts, or

“This section explains PIEs and their rules in the Income Tax Act”

Part H Taxation of certain entities
Portfolio investment entities

HL 33Portfolio investor proxies (Repealed)

    Notes
    • Section HL 33: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act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).