Part CIncome
Income from holding property (excluding equity)
CC 2CCompensation for improvements to land affected by emergency events
An amount derived by a person under section FP 12(2) or (4) (Replacement property for improvements to land affected by emergency events) is income of the person.
Notes
- Section CC 2C: inserted, on , by section 9 of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).