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Income Tax Act 2007

Avoidance and non-market transactions - Avoidance: specific - Arrangements involving residential land

GB 53C: On-lending at lower rate

You could also call this:

"Lending money at a lower interest rate than you borrowed it for"

Illustration for Income Tax Act 2007

You can find information about on-lending at a lower rate in a part of the law called GB 53C. This part of the law was repealed on 1 April 2025. It was repealed by section 81 of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024, which you can find on the legislation website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS684941.

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Topics:
Money and consumer rights > Banking and loans
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"Changes in value of residential land"

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GB 54: Arrangements involving establishments, or

"How non-resident companies selling to New Zealand may be taxed"

Part GAvoidance and non-market transactions
Avoidance: specific: Arrangements involving residential land

GB 53COn-lending at lower rate (Repealed)

    Notes
    • Section GB 53C: repealed, on , by section 81 of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024 (2024 No 11).