IS 18/05 FS
Issued
20 Sep 2018

Applying the 'safe harbour' approach

This fact sheet accompanies IS 18/05: Income tax - donee organisations – meaning of wholly or mainly applying funds to specified purposes in New Zealand. It sets out the most important information from IS 18/05 without the detailed legal reasoning. It includes examples from IS 18/05 of when funds are considered to be applied to purposes within New Zealand, and a fully-worked example of the safe harbour calculation.