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CD 20: Benefits of shareholder-employees or directors
or “Rules for non-cash benefits given to employees who own shares or are directors”
You could also call this:

“Money from overseas companies you control is no longer taxed in this way”

You used to be able to get money from companies in other countries that you controlled. This was called ‘attributed repatriations from controlled foreign companies’. However, as of 30 June 2009, this part of the law no longer exists. It was removed from the Income Tax Act 2007.

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Next up: CD 22: Returns of capital: off-market share cancellations

or “Rules for taxing money received from company share cancellations”
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Part C Income
Income from equity

CD 21Attributed repatriations from controlled foreign companies (Repealed)

    Notes
    • Section CD 21: repealed (with effect on 30 June 2009), on , by section 14(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).