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New Zealand law explained for everyone

Income Tax Act 2007

Recharacterisation of certain transactions - Distribution, transmission, and gifts of property - Exceptions for residential land transferred to trustees of certain trusts or other entities

FC 9C: Residential land: certain recipients

You could also call this:

“This section about residential land recipients has been removed from the law”

This part of the law was about residential land and certain people who could receive it. However, it has been removed from the law. You don’t need to worry about what it said before because it’s not part of the rules anymore. The government decided to take this section out of the Income Tax Act 2007 on 1 July 2024.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS694004.

Topics:
Money and consumer rights > Taxes
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FC 9B: Residential land: certain transferors, or

“Rules for some people transferring residential land, ending 1 July 2024”

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FC 9D: Residential land: certain recipients of Treaty of Waitangi land, or

“Treaty settlement land no longer subject to residential land tax rules”

Part F Recharacterisation of certain transactions
Distribution, transmission, and gifts of property: Exceptions for residential land transferred to trustees of certain trusts or other entities

FC 9CResidential land: certain recipients (Repealed)

    Notes
    • Section FC 9C: repealed, on , by section 127 of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024 (2024 No 11).