Assessments by the Commissioner
2006 amendment extends the circumstances in which the CIR can make an assessment without having first issued a NOPA to cover fraudulent activity.
Section 89C of the Tax Administration Act 1994
Circumstances in which the Commissioner may make an assessment without having first issued a Notice of Proposed Adjustment (NOPA) have been extended to cover the situation when the Commissioner has reasonable grounds to believe that a taxpayer has been involved in fraudulent activity, irrespective of whether the taxpayer remains in New Zealand.
Application date
The amendment applies from 18 December 2006.
Other sections in this legislation
| Offshore investment | Tax rules for PIEs | Tax on geothermal wells | Australian superannuation fund exemption | New rules for selecting SSCWT rates | Allowing documents to be removed for inspection | Military and police allowances | New rules for spreading income on the sale of patents | Organisations approved for charitable donee status | Consolidated groups and foreign losses | Assessments by the Commissioner | GST and financial services | GST on fringe benefits | GST grouping rules | Taxation of business environmental expenditure | Family assistance provisions | Rewrite amendments | Tax depreciation treatment of patents | Fringe benefit tax | Depreciation formula | Economic rate of depreciation | Calculating depreciation rates | Election to depreciate | Transitional residents | Death and asset transfers | New GST due date | Limit on refunds and allocations of tax | The imputation system and companies | Reverse takeovers | Changes in GST taxable periods | Miscellaneous technical amendments |