Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Income - Adjustments - Expenditure other than for entities’ purposes

CH 12: Income from hybrid mismatch arrangement

You could also call this:

“Money earned from certain international tax arrangements must be counted as taxable income”

When you make money from a hybrid mismatch arrangement, you need to count it as income that can be taxed. This happens when subpart FH of the Income Tax Act 2007 says it should be counted as taxable income. Subpart FH deals with hybrid and branch mismatches of deductions and income from arrangements that involve more than one country.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS66443.

Topics:
Money and consumer rights > Taxes
Previous

CH 11C: Te Ture Whakatupua mō Te Kāhui Tupua 2025/Taranaki Maunga Collective Redress Act 2025 asset management company, or

"Rules for a company's spending under the Taranaki Maunga Collective Redress Act 2025"

Next

CH 13: Feasibility expenditure clawback, or

"Repaying tax on previously claimed project expenses when restarting within 7 years"

Part C Income
Adjustments: Expenditure other than for entities’ purposes

---

CH 12Income from hybrid mismatch arrangement

  1. An amount is assessable income if it is treated as assessable income under subpart FH (Hybrid and branch mismatches of deductions and income from multi-jurisdictional arrangements).

Notes
  • Section CH 12: inserted, on , by section 6(1) (and see section 6(2) for application) of the Taxation (Neutralising Base Erosion and Profit Shifting) Act 2018 (2018 No 16).