Taxation of certain entities - Portfolio investment entities
HL 19B: Treatment of certain provisions made by portfolio tax rate entity
You could also call this:
“Portfolio tax rate entities: outdated rules for handling provisions”
This part of the law used to talk about how a portfolio tax rate entity should handle certain provisions. However, it’s no longer in effect. The government removed this section on 1 April 2010, which means it doesn’t apply anymore for tax years from 2010-11 onwards. If you need to know about how portfolio tax rate entities work now, you should look at other parts of the tax law that are still active.
HL 20: Portfolio class taxable income and portfolio class taxable loss for portfolio allocation period, or
“Calculating investment income and loss for different portfolio types (no longer applicable)”
Part H
Taxation of certain entities
Portfolio investment entities
HL 19BTreatment of certain provisions made by portfolio tax rate entity (Repealed)
Notes
Section HL 19B: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act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).
