IS 26/05
Issued
27 Mar 2026
Shortfall penalty for taking an unacceptable tax position
IS 26/05
Issued
27 Mar 2026
This interpretation statement explains the meaning of “unacceptable tax position” in relation to the shortfall penalty for taking an unacceptable tax position in s 141B of the Tax Administration Act 1994.
Related Publications
| Title | Type | Date |
|---|---|---|
| Income tax – Unacceptable tax position shortfall penalty - fact sheet | Fact sheets | March 2026 |
| Shortfall penalties – requirements for a “tax position” and a “tax shortfall” | Interpretation statements | March 2026 |
| Shortfall penalty for not taking reasonable care | Interpretation statements | March 2026 |
| Shortfall penalty for gross carelessness | Interpretation statements | March 2026 |
| Shortfall penalty for taking an abusive tax position | Interpretation statements | March 2026 |
| Shortfall penalty for evasion or a similar act | Interpretation statements | March 2026 |
| Shortfall penalties – reductions and other matters | Interpretation statements | March 2026 |
Income tax – Unacceptable tax position shortfall penalty - fact sheet
Type
Fact sheets
Date
March 2026
Shortfall penalties – requirements for a “tax position” and a “tax shortfall”
Type
Interpretation statements
Date
March 2026