Make a payment
Forms and guides Ngā puka tāke me ngā puka tohutohu

Revocation of qualifying company election (IR437)

This form should be completed when you have elected to be a qualifying company and you wish to revoke that election.  An election may be revoked by a resolution of the board of directors of the company and/or any shareholders who previously elected.

A qualifying company maintains its company structure while receiving the taxation benefits of a partnership. Revocations apply from the beginning of the income year in which we receive the notice, unless a later year is specified. If:

  • the directors are revoking the election, complete Section 1 of this form.
  • a shareholder is revoking the election, complete Section 2 of this form.