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New Zealand law explained for everyone

Income Tax Act 2007

Schedule 38: Acts exempting income from tax: income included in family scheme income

You could also call this:

“Laws that stop some income from being taxed, and how it affects family scheme income”

The Income Tax Act 2007 has a list of acts that exempt income from tax. You can find these acts in the schedule called “Acts exempting income from tax: income included in family scheme income”. This schedule is empowered by s MB 1.

Some of the acts that exempt income from tax include the Arbitration (International Investment Disputes) Act 1979, the Consular Privileges and Immunities Act 1971, and the Diplomatic Privileges and Immunities Act 1968.

The list also includes the International Finance Agreements Act 1961 and the Pitcairn Trials Act 2002. You can look at these acts to see what income is exempt from tax.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3683727.

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