Statute
Section RZ 9 — Income Tax Act 2007: Relief in certain cases
Text of the provision Official document
RZ 9 Relief in certain cases If the Commissioner is satisfied that an amount of withdrawal tax is more than the total tax credit allowed in relation to a person’s account under section LZ 9(2) (Savings in special home ownership accounts), the Commissioner must reduce the amount of the withdrawal tax as is fair and reasonable in the circumstances. Defined in this Act: amount , Commissioner , tax credit , withdrawal tax , Compare: 2004 No 35 s IZ 6
Official source: legislation.govt.nz
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from New Zealand courts and tribunals with a plain-English summary and legal holding.
Explore case law →