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Tax Administration Act 1994

Information, record-keeping, and returns - Statements, notices, and certificates

31: Maori authority to give notice of amounts distributed

You could also call this:

"Maori authorities must tell you about taxable money they give you"

Illustration for Tax Administration Act 1994

When a Maori authority gives you a taxable distribution, they must give you a notice at the same time. This notice has your details and the distribution amount. It also includes the amount of Maori authority credit attached to the distribution, as explained in section RE 24 of the Income Tax Act 2007. You get this notice when it is delivered to you or someone acting for you, as described in section 14F(4). The notice has other information the Commissioner requires. The Maori authority must give you this notice when they make the distribution. The notice tells you how much of the distribution is taxable and how much is not. It also tells you if some of the distribution was paid to a retirement savings scheme. You need to know this information for your tax records.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM350791.

Topics:
Money and consumer rights > TaxesMāori affairs > Māori land
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Part 3Information, record-keeping, and returns
Statements, notices, and certificates

31Maori authority to give notice of amounts distributed

  1. A Maori authority that makes a taxable Maori authority distribution to a member must, at the time the distribution is made, give to the member a notice that contains the following details:

  2. the name of the Maori authority:
    1. the date the distribution is made:
      1. the name and address, and the tax file number if the number is known by the Maori authority, of the member to whom the distribution is made:
        1. the amount of the distribution made to the member, including what portion is a taxable distribution and what portion is a non-taxable distribution:
          1. the amount of a Maori authority credit attached to the distribution or treated as being attached to the distribution under section RE 24 of the Income Tax Act 2007:
            1. the amount, if any, of the distribution paid to a retirement savings scheme as a retirement scheme contribution for the shareholder:
              1. the name of the retirement savings scheme to which any retirement scheme contribution was paid:
                1. the amount, if any, of Maori authority credit used to satisfy a liability of the company for RSCT:
                  1. the amount, if any, of Maori authority credit remaining after the company has used an imputation credit in satisfying a liability for RSCT:
                    1. such other information as the Commissioner may require.

                      1. For the purposes of this section, a notice is treated as given to a member if it is delivered in a way described in section 14F(4) to—

                      2. the member; or
                        1. a person authorised to act on behalf of the member.

                          Notes
                          • Section 31: replaced, on (applying for 2004–05 and subsequent income years), by section 88(1) of the Taxation (Maori Organisations, Taxpayer Compliance and Miscellaneous Provisions) Act 2003 (2003 No 5).
                          • Section 31(1)(e): amended, on (effective for 2008–09 income year and later income years, unless the context requires otherwise), by section ZA 2 of the Income Tax Act 2007 (2007 No 97).
                          • Section 31(1)(eb): inserted (with effect on 1 April 2007), on , by section 194(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
                          • Section 31(1)(ec): inserted (with effect on 1 April 2007), on , by section 194(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
                          • Section 31(1)(ed): inserted (with effect on 1 April 2007), on , by section 194(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
                          • Section 31(1)(ed): amended, on , by section 194(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
                          • Section 31(1)(ee): inserted (with effect on 1 April 2007), on , by section 194(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
                          • Section 31(1)(ee): amended, on , by section 194(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
                          • Section 31(2): replaced, on , by section 99 of the Taxation (Transformation: First Phase Simplification and Other Measures) Act 2016 (2016 No 27).