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Tax Administration Act 1994

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

45B: AIM method information: approved AIM providers

You could also call this:

"Telling the tax office about approved accounting systems"

Illustration for Tax Administration Act 1994

You need to give the Commissioner information about your AIM-capable accounting system products. You must tell them how end-users use the products for a tax year. The Commissioner decides what information they need and how you give it to them. The Commissioner cannot ask for information about specific taxpayers. You have to give the Commissioner the information within 6 months of the end of the tax year. You can find more about the changes to this law in the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS38112.

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

45BAIM method information: approved AIM providers

  1. An approved AIM provider must give to the Commissioner information required by the Commissioner in relation to their AIM-capable accounting system products, end-user’s use of the products for a tax year, and any other matters relevant to the AIM method for the tax year, in the form prescribed by the Commissioner.

  2. The Commissioner must not require taxpayer-specific information under this section.

  3. The form must be given to the Commissioner within 6 months of the end of the tax year.

Notes
  • Section 45B: inserted, on (applying for the 2018–19 and later income years), by section 51(1) of the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017 (2017 No 3).