Income Tax Act 2007

Schedule 18C: Breeds and classes of bloodstock

You could also call this:

"What are the different breeds and classes of horses for tax purposes?"

Illustration for Income Tax Act 2007

You are looking at a schedule called 'Breeds and classes of bloodstock'. This is part of the Income Tax Act 2007. It has a table that lists breeds and classes of bloodstock. The table has two columns: one for breeds and one for classes. You can see the different breeds, such as Standardbred and Thoroughbred, and their classes, like yearling fillies and yearling colts. This schedule is empowered by sections ss EC 39C and EZ 6B. These sections are part of the law that tells us about income tax. The schedule helps to explain what breeds and classes of bloodstock are. The table shows that Standardbred and Thoroughbred are breeds of bloodstock. Their classes include yearling fillies and yearling colts. You can use this information to understand more about bloodstock and how it relates to income tax.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS178899.

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"A list of important horse sales in New Zealand for tax purposes"


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18CBreeds and classes of bloodstock Empowered by ss EC 39C, EZ 6B

The following table is small in size and has 2 columns. Column 1 is headed Breeds of bloodstock. Column 2 is headed Classes of bloodstock.
Column 1 Column 2
Breeds of bloodstock Classes of bloodstock
Standardbred Yearling fillies
Yearling colts
Thoroughbred Yearling fillies
Yearling colts