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FF 8: Identifying members of foreign groups
or “How to identify members of foreign groups (now removed)”
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.

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Next up: FF 10: Calculating debt percentage of consolidated foreign groups

or “This removed provision used to explain how to calculate debt for foreign company groups”
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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FF 9Calculating debt percentage of New Zealand foreign groups (Repealed)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    • Section FF 9: repealed (with effect on 30 June 2009), on , by section 228(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).