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Income Tax Act 2007

Tax credits paid in cash - General provisions

MA 6: Avoidance arrangements

You could also call this:

"Rules to stop people avoiding paying their fair share of tax"

Illustration for Income Tax Act 2007

You might have your tax credit reduced under certain subparts if you have arrangements involving tax credits for families, as set out in Section GB 44. You might also have your tax credit reduced under subpart MH if you have arrangements involving FamilyBoost tax credits, as set out in Section GB 44B. This applies to tax credits under subparts MB to MG and MZ, and subpart MH for FamilyBoost tax credits.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518417.

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Topics:
Money and consumer rights > Taxes
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"Commissioner can seek advice from other agencies about tax credits"

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Part MTax credits paid in cash
General provisions

MA 6Avoidance arrangements

  1. Section GB 44 (Arrangements involving tax credits for families) may apply to reduce a tax credit under subparts MB to MG and MZ.

  2. Section GB 44B (Arrangements involving FamilyBoost tax credits) may apply to reduce a tax credit under subpart MH (FamilyBoost tax credits).

Notes
  • Section MA 6(1) heading: inserted, on , by section 13(1) of the Taxation (Budget Measures) Act 2024 (2024 No 19).
  • Section MA 6(1): amended, on , by section 8 of the Families Package (Income Tax and Benefits) Act 2017 (2017 No 51).
  • Section MA 6(1): amended, on , by section 454 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
  • Section MA 6(2) heading: inserted, on , by section 13(2) of the Taxation (Budget Measures) Act 2024 (2024 No 19).
  • Section MA 6(2): inserted, on , by section 13(2) of the Taxation (Budget Measures) Act 2024 (2024 No 19).