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Tax Administration Act 1994

Information, record-keeping, and returns - Returns - Fringe benefits

52: Disclosure of interest payments when no requirement to withhold RWT

You could also call this:

"Telling others about interest payments when tax isn't held back"

Illustration for Tax Administration Act 1994

You need to know about a rule called Disclosure of interest payments when no requirement to withhold RWT. This rule is part of the Tax Administration Act 1994 and is about fringe benefits. It was repealed on 1 April 2020 by section 320 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018, which you can find on the https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7175766 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=DLM351570.

Topics:
Money and consumer rights > Taxes
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51: RWT withholding reconciliation statements, or

"Old law about checking tax withheld from investments is no longer used."

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53: Disclosure of certain financial arrangement transactions where interest payable to exempt person, etc, or

"Telling the tax department about certain money transactions with exempt people"

Part 3Information, record-keeping, and returns
Returns: Fringe benefits

52Disclosure of interest payments when no requirement to withhold RWT (Repealed)

    Notes
    • Section 52: repealed, on , by section 320 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).