Income Tax Act 2007

Income - Exempt income

CW 40D: Te Tōpuni Kōkōrangi

You could also call this:

“Income from Te Tōpuni Kōkōrangi is tax-free, meaning you don't pay tax on that money.”

If you get income from Te Tōpuni Kōkōrangi, it is exempt from income tax. This means you do not have to pay tax on that income. Te Tōpuni Kōkōrangi is defined in the Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025. However, this exemption does not apply to income under section CH 11B, which is about Te Kāhui Tupua and Te Tōpuni Kōkōrangi. You can find more information about Te Tōpuni Kōkōrangi in the Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1024952.


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CW 40C: Te Pou Tupua, or

"Tax exemption for Te Pou Tupua's income, with specific exceptions"


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CW 40E: Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025 asset management company, or

"Income from the Taranaki Maunga Collective Redress Act company is tax-free."

Part C Income
Exempt income

CW 40DTe Tōpuni Kōkōrangi

  1. An amount of income derived by Te Tōpuni Kōkōrangi (as defined in Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025) is exempt income.

  2. However, subsection (1) does not apply for an amount of income under section CH 11B (Te Kāhui Tupua and Te Tōpuni Kōkōrangi).

Notes
  • Section CW 40D: inserted, on , by section 57(3) of the Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025 (2025 No 1).