Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Deductions - Interest incurred in relation to certain land

DH 6: Interposed residential property percentage

You could also call this:

"A rule about tax on homes owned by other companies"

Illustration for Income Tax Act 2007

You need to know about a rule called Interposed residential property percentage. It is part of the Income Tax Act 2007, under Deductions. This rule was repealed on 1 April 2025 by the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024.

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 It might be out of date or be missing some parts.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=LMS675460.

This page was last updated on — View changes

Topics:
Money and consumer rights > TaxesHousing and property > Buying and selling homes
Previous

DH 5: Key terms, or

"Important words and their meanings in the Income Tax Act 2007"

Next

DH 7: Grandparented residential interest, or

"Old rules for tax on rental properties"

Part DDeductions
Interest incurred in relation to certain land

DH 6Interposed residential property percentage (Repealed)

    Notes
    • Section DH 6: repealed, on , by section 48 of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024 (2024 No 11).