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Tax Administration Act 1994

Interest - Specific provisions

120LB: Meaning of unpaid tax and overpaid tax for certain transferees under AIM method

You could also call this:

"What unpaid and overpaid tax means for some people using the AIM method"

Illustration for Tax Administration Act 1994

You are looking at a law called the Tax Administration Act 1994. This part of the law is about something called the AIM method. It has been repealed, which means it is no longer in use, and this happened on 1 April 2019 due to the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Act 2020.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS38166.

Topics:
Money and consumer rights > Taxes
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120L: Meaning of unpaid tax and overpaid tax for provisional tax purposes, or

"What unpaid and overpaid tax means when paying tax before the end of the year"

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120M: Where provisional tax paid by company does not count as overpaid tax, or

"When a company's provisional tax doesn't get refunded"

Part 7Interest
Specific provisions

120LBMeaning of unpaid tax and overpaid tax for certain transferees under AIM method (Repealed)

    Notes
    • Section 120LB: repealed (with effect on 1 April 2019), on , by section 225(1) (and see section 225(2) for application) of the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Act 2020 (2020 No 5).