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Fact sheets / 2026
IS 26/05 FS 1
Issued
27 Mar 2026

Income tax – Unacceptable tax position shortfall penalty - fact sheet

This fact sheet accompanies interpretation statement IS 26/05: Shortfall penalty for taking an unacceptable tax position, which explains meaning of “unacceptable tax position” for the shortfall penalty for taking an unacceptable tax position in s 141B of the Tax Administration Act 1994. 

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Title Type Date
Shortfall penalty for taking an unacceptable tax position Interpretation statements March 2026
Shortfall penalty for taking an unacceptable tax position
Type
Interpretation statements
Date
March 2026