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Tax Administration Act 1994

Third-party providers - Tax agents, representatives, and nominated persons

124E: Information requirements for tax agents and representatives

You could also call this:

"Tell us who's in charge if you're a tax agent company"

Illustration for Tax Administration Act 1994

If you want to be a tax agent or representative and you are not a natural person, you must give the Commissioner the names of certain people. You need to provide the names of people who have important roles like tax manager or director if you are a company. You must also tell the Commissioner if any of these details change within 12 months of the change happening.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS184698.

Topics:
Money and consumer rights > TaxesBusiness > Industry rules
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124F: Nominated persons, or

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Part 7BThird-party providers
Tax agents, representatives, and nominated persons

124EInformation requirements for tax agents and representatives

  1. If the person applying to be a tax agent or a representative is not a natural person, they must provide the Commissioner with the names of the following:

  2. for an entity that is a body corporate other than a closely-held company, each person who has the duties of tax manager, chief financial officer, chief executive officer, or director:
    1. for a closely-held company, each shareholder:
      1. for a partnership, each partner:
        1. for an unincorporated body, each member.

          1. Subsection (1) also applies when a tax agent or a representative is a person other than a natural person who—

          2. has not previously provided the information referred to in subsection (1) to the Commissioner:
            1. has previously provided the information referred to in subsection (1) but the information is no longer accurate.

              1. In relation to both natural persons and persons other than natural persons, before deciding whether to list a person as a tax agent or to approve a person as a representative, the Commissioner may ask them for further information in relation to their application, and may obtain information relating to them from other persons.

              2. In relation to the requirement to provide names under subsection (1), the person must notify the Commissioner of any changes in the information held by the Commissioner. The notification must be made within 12 months after the date of the change of person, shareholder, partner, or member, as applicable.

              Notes
              • Section 124E: inserted, on , by section 84 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).