PIE income definition

PIE income means the income attributed to a person by the PIEs in which the person has invested, less any losses attributed to the person by PIEs, but does not include any dividends paid to the person by Listed PIEs (a type of PIE). Dividends from a Listed PIE that are not excluded income under the Tax Act are taxable income.
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PIE income means the income attributed to a person by the PIEs in which the person has invested, less any losses attributed to the person by PIEs.
Sample 1Sample 2Sample 3
PIE income means the income attributed to a person by the PIEs in which the person has
Sample 1

Examples of PIE income in a sentence

  • If the rate applied to your PIE income is higher than your PIR any tax over-withheld will be used to reduce any income tax liability you may have for the tax year and any remaining amount will be refunded to you.

  • Therefore, in most circumstances, members will not have an obligation to file a tax return in respect of PIE income.

  • If you do not tell Booster, a default rate may be applied.If the rate applied to your PIE income is lower than your correct PIR you will be required to pay any tax shortfall as part of the income tax year-end process.

  • If you are newly-tax resident in New Zealand and you choose not to include your worldwide income in the calculation of your PIR, your PIE income must be included in an income tax return.

  • If the rate applied to your PIE income is lower than your correct PIR, you will be required to pay any tax shortfall as part of the income tax year-end process.

  • The Fund will attribute PIE income (being Fonterra dividends) to unit holders and pay tax on that income at each relevant unit holder’s nominated prescribed investor rate (PIR), being their applicable tax rate, subject to the option to apply the non-resident withholding tax rules in respect of Notified Foreign Investors.

  • If you do not tell Fisher Funds, a default rate may be applied.If the rate applied to your PIE income is lower than your correct PIR you will be required to pay any tax shortfall as part of the income tax year-end process.

  • If the rate applied to your PIE income is lower than your correct PIR you will be required to pay any tax shortfall as part of the income tax year-end process.

  • If the rateapplied to your PIE income is higher than your PIR any tax over-withheld will be used to reduce any income tax liability you may have for the tax year and any remaining amount will be refunded to you by Inland Revenue.Joint investors, companies and trusts may be taxed differently to individuals.

  • Provided the correct PIR is provided to us, you won’t need to include any Fund income in your personal tax return.Prescribed Investor Rates for New Zealand tax residentsIf you are a New Zealand tax resident, your PIR is based on your taxable income and attributable PIE income in either of the two tax years preceding the currenttax year (with each tax year commencing on 1 April and ending the following 31 March).

Related to PIE income

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Disposable income means that part of the income due and payable of any individual remaining

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;