Statute
Section DB 29 — Income Tax Act 2007: Apportionment when land acquired with other property
Text of the provision Official document
DB 29 Apportionment when land acquired with other property If a person derives income under sections CB 6 to CB 14 (which relate to the disposal of land) from the disposal of land, and the land is acquired together with other property, the cost of acquisition must be apportioned between the land and the other property. Defined in this Act: income , land , property , Compare: 2004 No 35 s FB 4A
Official source: legislation.govt.nz
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