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Income Tax Act 2007

Definitions and related matters - Measurement of company ownership

YC 1: Meaning of control

You could also call this:

“This section about the meaning of 'control' has been removed and no longer applies”

You used to be able to find out what ‘control’ meant in this part of the law. However, this section was removed on 1 April 2010. It no longer applies to tax years from 2010-11 onwards. If you need to understand what ‘control’ means now, you might need to look at other parts of the law or ask someone who knows about taxes.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1523056.

Topics:
Money and consumer rights > Taxes
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“Nominees' actions are treated as if you did them yourself”

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YC 2: Voting interests, or

“How to calculate your influence in a company's decisions based on your shareholding”

Part Y Definitions and related matters
Measurement of company ownership

YC 1Meaning of control (Repealed)

    Notes
    • Section YC 1: repealed, on (applying for the 2010–11 and later income years), by section 566(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).