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Te kamupene hanganga taunaha tāpui Look-through company


A look-through company (LTC) is a special type of company. It is a separate legal entity but for income tax purposes it is treated like a partnership.

Tax summary

An LTC must file income tax returns and report to us the same way as an ordinary company.

Owners can offset the LTC’s losses against their other income. They must pay tax on an LTC’s profits.

An owner with an effective look-though interest in the LTC is treated as:

  • carrying on the activities and having the status, intentions and purposes of the LTC
  • holding the property of the LTC
  • being a party to any arrangement to which the LTC is a party to
  • doing an activity or having an entitlement to anything the LTC does or has entitlement to.