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Income Tax Act 2007

Recharacterisation of certain transactions - Tax relief for emergencies

FP 2: Application to emergency events

You could also call this:

“What happens with taxes during emergencies”

When there is an emergency event, you need to know if this subpart applies. This happens when the Governor-General makes regulations under section 6J of the Tax Administration Act 1994. The Governor-General’s regulations will say which provisions in this subpart apply to the emergency event.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1432138.

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Part F Recharacterisation of certain transactions
Tax relief for emergencies

FP 2Application to emergency events

  1. This subpart applies when there is an emergency event and the Governor-General has made regulations under section 6J of the Tax Administration Act 1994 declaring that 1 or more of the provisions in this subpart apply in relation to the emergency event.

Notes
  • Section FP 2: inserted, on , by section 65 of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).