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Fact sheets / 2026
IS 26/03 FS 1
Issued
27 Mar 2026

Shortfall penalties – requirements for a “tax position” and a “tax shortfall” - fact sheet

This fact sheet accompanies interpretation statement IS 26/03: – requirements for a “tax position” and a “tax shortfall”, which explains the “tax position” and a “tax shortfall” requirements common to the shortfall penalties in ss 141A to 141E of the Tax Administration Act 1994. 

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