Statute
Section CW 3 — Income Tax Act 2007: Forestry companies and Maori investment companies
Text of the provision Official document
CW 3 Forestry companies and Maori investment companies When this section applies (1) This section applies when a forestry company or a Maori investment company issues a qualifying debenture. Exempt income (2) Interest derived from the qualifying debenture is exempt income to the extent to which it is paid by the issue of a further qualifying debenture. Defined in this Act: exempt income , forestry company , interest , Maori investment company , pay , qualifying debenture , Compare: 2004 No 35 s CW 3
Official source: legislation.govt.nz
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from New Zealand courts and tribunals with a plain-English summary and legal holding.
Explore case law →