Section HF 9 — Income Tax Act 2007: Treatment of companies and trusts that choose to apply this subpart

HF 9 Treatment of companies and trusts that choose to apply this subpart Company becoming Maori authority (1) If a company becomes a Maori authority in a tax year, the company must apply table H1, row 1. Trust becoming Maori authority (2) If a trust becomes a Maori authority in a tax year, the trustee must apply table H1, row 2. Maori authority becoming company (3) If a Maori authority is a company that stops being a Maori authority in a tax year, it must apply table H1, row 3. Maori authority becoming trust (4) If a Maori authority is a trust that stops being a Maori authority in a tax year, the trustee must apply table H1, row 4. Defined in this Act: company , Maori authority , tax year , trustee , Compare: 2004 No 35 s HI 8