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Tax Administration Act 1994

Penalties - Civil penalties

141FD: Shareholders of loss-attributing qualifying companies

You could also call this:

"Rules for company shareholders and tax losses"

Illustration for Tax Administration Act 1994

You need to know about a rule called 'Shareholders of loss-attributing qualifying companies'. This rule is part of the Tax Administration Act 1994. It was repealed, which means it is no longer in use, by the Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Act 2014, which you can find on the legislation.govt.nz 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=DLM356602.

Topics:
Money and consumer rights > Taxes
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141FC: Loss attributing qualifying companies—reduction of shortfall penalties, or

"Reducing penalties for companies that make losses"

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141G: Reduction in penalty for voluntary disclosure of tax shortfall, or

"Telling the truth about tax mistakes can reduce your penalty"

Part 9Penalties
Civil penalties

141FDShareholders of loss-attributing qualifying companies (Repealed)

    Notes
    • Section 141FD: repealed (with effect on 1 April 2011 and applying for income years starting on or after 1 April 2011), on , by section 172(1) of the Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Act 2014 (2014 No 39).