Section HC 18 — Income Tax Act 2007: Taxable distributions from foreign trusts

HC 18 Taxable distributions from foreign trusts An amount that a person derives in an income year as a taxable distribution from a foreign trust is income of the person under section CV 13(c) (Amounts derived from trusts). Defined in this Act: amount , foreign trust , income , income year , taxable distribution , Compare: 2004 No 35 s HH 3(1) Section HC 18: amended (with effect on 1 April 2008), on 2 November 2012 (applying for the 2008–09 and later income years), by section 82(1) of the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Act 2012 (2012 No 88).