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EX 22: Non-attributing Australian CFCs
or “Australian companies controlled by New Zealanders that meet specific tax conditions”
You could also call this:

“Removed tax rule about certain foreign companies”

This section of the law, called ‘Tax concession grey list CFCs’, used to be part of the Income Tax Act 2007. However, it no longer exists. The government removed this section on 30 June 2009. If you need information about this topic, you might need to look at other parts of the law or ask for help from someone who knows about taxes.

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Next up: EX 24: Companies moving to or from New Zealand

or “How tax accounting periods change when companies move in or out of New Zealand”
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Part E Timing and quantifying rules
Controlled foreign company and foreign investment fund rules: Non-attributing Australian CFCs

EX 23Tax concession grey list CFCs (Repealed)

    Notes
    • Section EX 23: repealed (with effect on 30 June 2009), on , by section 164(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).