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Income Tax Act 2007

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

You could also call this:

"Income that doesn't need to be taxed, as listed in special laws"

Illustration for Income Tax Act 2007

You are looking at a schedule about income that is exempt from tax. This schedule is part of the Income Tax Act 2007. It lists some acts that exempt income from tax, which is included in family scheme income, as empowered by s MB 1. You can find some examples of these acts, such as the Arbitration (International Investment Disputes) Act 1979, the Consular Privileges and Immunities Act 1971, and the Diplomatic Privileges and Immunities Act 1968. These acts, along with others like the International Finance Agreements Act 1961 and the Pitcairn Trials Act 2002, are all part of this schedule.

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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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Topics:
Money and consumer rights > Taxes
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Schedule 37: Statutory producer boards, or

"Groups that help with food and farming, like meat and vegetable boards"

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Schedule 39: Items for purposes of definition of special excluded depreciable property, or

"Things that don't lose value over time for tax purposes"