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Tax Administration Act 1994

Information, record-keeping, and returns - Statements, notices, and certificates - Resident passive income

32J: RWT-exempt status for unincorporated bodies

You could also call this:

"Some groups don't have to pay tax on their income, check the rules to see if yours does."

Illustration for Tax Administration Act 1994

You get RWT-exempt status if you are an unincorporated body described in section RE 30 of the Income Tax Act 2007. The body gets the RWT-exempt status and no member of the body can have RWT-exempt status for a taxable activity carried on by the body. When a notice is sent to the body, it is treated as sent to the body and each member of the body.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1264417.

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Money and consumer rights > Taxes
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Part 3Information, record-keeping, and returns
Statements, notices, and certificates: Resident passive income

32JRWT-exempt status for unincorporated bodies

  1. When the Commissioner provides RWT-exempt status to an unincorporated body described in section RE 30 of the Income Tax Act 2007,—

  2. the named body has the RWT-exempt status; and
    1. no member of the body may have RWT-exempt status in relation to a taxable activity carried on by the body.

      1. For the purposes of the RWT rules and RWT-exempt status, a notice to the body is treated as served on the body and on each member of the body.

      Notes
      • Section 32J: replaced, on , by section 297 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).