Income Tax Act 2007

Income - Exempt income

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

You could also call this:

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

If you get income from the Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025 asset management company, that income is exempt. This means you do not have to pay tax on it, as defined in the Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025. However, this rule does not apply to a certain type of income under section CH 11C of the Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1024968.


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CW 40D: Te Tōpuni Kōkōrangi, or

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


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CW 41: Charities: non-business income, or

"Tax-free income for charities that isn't from business activities"

Part CIncome
Exempt income

CW 40ETe Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025 asset management company

  1. An amount of income derived by the asset management company (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 11C (Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025 asset management company).

Notes
  • Section CW 40E: 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).