Section CX 29 — Income Tax Act 2007: Entertainment

CX 29 Entertainment When not fringe benefit (1) A benefit in a form of entertainment described in section DD 2 (Limitation rule) that an employer provides to an employee is not a fringe benefit. This subsection is overridden by subsection (2). When is fringe benefit (2) A benefit in a form of entertainment described in section DD 2 that an employer provides to an employee is a fringe benefit if— (a) the employee does not receive or use it in the course of employment; and (b) the employee does not receive or use it as a necessary consequence of their employment duties; and (c) either— (i) the employee may choose when to receive or use the benefit; or (ii) the entertainment is of a kind described in section DD 7 (Entertainment outside New Zealand). Defined in this Act: employee , employer , employment , fringe benefit Compare: 2004 No 35 s CX 25