Statute
Section FE 11 — Income Tax Act 2007: Temporary increases or decreases in value
Text of the provision Official document
FE 11 Temporary increases or decreases in value A temporary increase or decrease in a value applying in this subpart must be excluded from a calculation made under this subpart if— (a) the increase or decrease has, or would have, a purpose or effect of defeating the intent and application of this subpart; or (b) the change is produced by an arrangement that has an effect of defeating the intent and application of this subpart. Defined in this Act: arrangement , Compare: 2004 No 35 ss FG 4(8) , FG 5(7) , FG 8J
Official source: legislation.govt.nz
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