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StatuteIncome Tax Act 2007

Section Sch50-“ 80KO — Income Tax Act 2007: Determining family assistance credit

Text of the provision Official document

“ 80KO Determining family assistance credit In determining the amount of family assistance credit that is payable under section 80KN, the chief executive must— “ (a) use the method set out in section MF 3 of the Income Tax Act 2007, if required to calculate the amount of the family credit abatement; and “ (b) take into account the rate of family support and the family credit abatement given by sections MD 3 and MD 13 of that Act. “ Compare: 2004 No 35 s KD 6(1A)

Official source: legislation.govt.nz

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