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Tax Administration Act 1994

Information, record-keeping, and returns - Returns - Returns and return dates

44A: Special returns by taxpayers affected by reduced deductions under Income Tax Act 2007

You could also call this:

"File a special tax return if your income or deductions change under certain rules"

Illustration for Tax Administration Act 1994

You must file a special return if your taxable income is affected by certain reductions. These reductions are under section DT 2(3) or section DS 3 of the Income Tax Act 2007. You file this return for the tax year it affects. You also need to file a special return if you get money that reduces someone's deduction under section DT 2(3) or section DS 3. You file this return for the tax year you got the money. You must file it by the date your normal tax return is due.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM351375.

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"The Commissioner can ask for special tax returns and assessments in certain situations."

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Part 3Information, record-keeping, and returns
Returns: Returns and return dates

44ASpecial returns by taxpayers affected by reduced deductions under Income Tax Act 2007

  1. A taxpayer who has made a return of income for a tax year must file a special return for that tax year in the form required by the Commissioner if the taxpayer's taxable income or net loss for the tax year is affected by—

  2. a reduction under section DT 2(3) of the taxpayer's deduction under section DT 2(2) of the Income Tax Act 2007; or
    1. a reduction under section DS 3 of the taxpayer's deduction under section DS 1 or DS 2 of the Income Tax Act 2007; or
      1. a reduction under section DT 2(3) of another taxpayer's deduction under section DT 2(2) of the Income Tax Act 2007; or
        1. a reduction under section DS 3 of another taxpayer's deduction under section DS 1 or DS 2 of the Income Tax Act 2007.

          1. A taxpayer who has derived consideration that gives rise to a reduction under section DT 2(3) or DS 3 of the Income Tax Act 2007 and any other taxpayer affected by that reduction must file a special return—

          2. for the tax year in which the consideration is derived; and
            1. by the date that the taxpayer's return of income for that tax year would be due.

              Notes
              • Section 44A: inserted, on (applying on and after 17 November 1998), by section 67(1) of the Taxation (Accrual Rules and Other Remedial Matters) Act 1999 (1999 No 59).
              • Section 44A heading: 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 44A(1): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(1): amended, on (applying on and after 17 November 1998), by section 36(1) of the Taxation (FBT, SSCWT and Remedial Matters) Act 2000 (2000 No 34).
              • Section 44A(1)(a): 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 44A(1)(a): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(1)(b): 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 44A(1)(b): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(1)(c): 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 44A(1)(c): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(1)(d): 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 44A(1)(d): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(2): 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 44A(2): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(2)(a): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).
              • Section 44A(2)(b): amended, on (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).