Definitions and related matters - Residence and source in New Zealand
YD 7: Apportionment of film rental income
You could also call this:
“Old rule about dividing film rental income no longer applies”
You don’t need to worry about this section of the law anymore. It used to be about how to divide up money from renting out films, but it has been removed from the law. This happened on 2 November 2012, so it’s no longer part of the Income Tax Act 2007.
