Plain language law

New Zealand law explained for everyone

Tax Administration Act 1994

Information, record-keeping, and returns - Returns - Research and development

70B: Annual Maori authority credit account return to be furnished in particular cases

You could also call this:

"Maori authorities must give the Commissioner a credit account return in certain situations"

Illustration for Tax Administration Act 1994

The Commissioner can ask a Maori authority to give them a Maori authority credit account return. You have to give it to them within the time they say. The return is for a period the Commissioner chooses. If you stop being a Maori authority, you must give the Commissioner a return. This return is for the time you were a Maori authority. You have to give it to them within two months of stopping. You can give the Commissioner a return at any time. This return is for a period in a tax year that you choose. It must be for a period that ends no more than seven days before you give them the return. The return must have the information listed in section 69B. This is unless the Commissioner says otherwise. You use the period the Commissioner chooses when filling out the return.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM351882.

Topics:
Money and consumer rights > TaxesMāori affairs > Māori land
Previous

70: Annual ICA return to be furnished if: required by Commissioner; requirement for imputation credit account ceases; or balance retrospectively reduced to debit or to less than refund, or

"When to give the Commissioner your annual ICA return"

Next

70C: Statements in relation to R&D loss tax credits and R&D repayment tax, or

"Telling the government about research and development tax credits and repayments"

Part 3Information, record-keeping, and returns
Returns: Research and development

70BAnnual Maori authority credit account return to be furnished in particular cases

  1. The Commissioner may require a Maori authority to furnish, within the time allowed by the Commissioner, a Maori authority credit account return for a period specified by the Commissioner.

  2. A Maori authority that ceases to be a Maori authority in a tax year must furnish to the Commissioner, no later than 2 calendar months after the last day on which it is still a Maori authority, a Maori authority credit account return for the period beginning on the first day of the tax year and ending on the last day on which the Maori authority is a Maori authority.

  3. A Maori authority may furnish to the Commissioner, at any time, a Maori authority credit account return for a period beginning on the first day of a tax year and ending on a day specified by the Maori authority within the tax year, being a day that is not more than 7 days earlier than the date on which the Maori authority credit account return is furnished to the Commissioner.

  4. A Maori authority credit account return furnished under this section must, except if the Commissioner otherwise specifies, contain the matters referred to in section 69B as if the references in that section to a tax year were—

  5. in the case of a return required to be furnished under subsection (1), references to the period specified by the Commissioner; and
    1. in the case of a return required to be furnished under subsection (2) or subsection (3), references to the period referred to in subsection (2) or subsection (3) respectively.

      Notes
      • Section 70B: inserted, on (applying for 2004–05 and subsequent income years), by section 101(1) of the Taxation (Maori Organisations, Taxpayer Compliance and Miscellaneous Provisions) Act 2003 (2003 No 5).
      • Section 70B(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 70B(3): 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 70B(4): 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).