Recharacterisation of certain transactions - Interest apportionment for conduit investment
FF 9: Calculating debt percentage of New Zealand foreign groups
You could also call this:
“Removed rule for working out how much debt NZ foreign groups have”
This section of the Income Tax Act 2007 used to explain how to calculate the debt percentage of New Zealand foreign groups. However, it no longer applies because it was removed from the law on 30 June 2009. The government made this change as part of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009. If you need information about calculating debt percentages for New Zealand foreign groups, you should look for more current parts of the tax law.
FF 10: Calculating debt percentage of consolidated foreign groups, or
“This removed provision used to explain how to calculate debt for foreign company groups”
Part F
Recharacterisation of certain transactions
Interest apportionment for conduit investment
FF 9Calculating debt percentage of New Zealand foreign groups (Repealed)
Notes
Section FF 9: repealed (with effect on 30 June 2009), on , by section 228(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
