Inland Revenue will input HUD information into its START system and may use it to administer the tax system.
Name of agreement | Administration of the exclusion from interest limitation for the build-to-rent land |
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Agency data share is with | Ministry of Housing and Urban Development (HUD) |
MoU | Memorandum of Understanding between Inland Revenue and the Ministry of Housing and Urban Development - Relating to the administration of the exclusion from interest limitation for the build-to-rent land |
Agency using the data | HUD and Inland Revenue |
Purpose |
HUD may only use IR information for the purpose of:
Inland Revenue will input HUD information into its START system and may use it to administer the tax system. |
Data exchanged |
HUD will send the following HUD information for BTR Land and Owners:
|
Legal authority | Schedule 7, Part C, clause 39(C) of the Tax Administration Act 1994. Information Privacy Principles 11(1)(a) and (c) of the Privacy Act 2020. |
Last updated:
22 Jun 2023