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FN 14: Effect of liquidation of company
or “What happens when a company in an imputation group is liquidated”
You could also call this:

“This subpart outlines tax rules for New Zealand company mergers”

This part of the law explains what happens with taxes when companies join together. It’s called amalgamation when companies combine to become one company. The rules in this part mainly help to make things easier when companies that are based in New Zealand join together in a specific way. This specific way is called a resident’s restricted amalgamation. When this happens, the rules allow the companies to keep some of their tax benefits, which is called roll-over relief. This means they don’t have to pay extra taxes right away just because they joined together.

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Next up: FO 2: Amalgamation rules

or “Rules for when companies join together and how it affects their taxes”
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Part F Recharacterisation of certain transactions
Amalgamation of companies

FO 1What this subpart does

  1. This subpart sets out the rules that provide for some tax consequences when companies amalgamate. In general, the rules provide roll-over relief when a resident’s restricted amalgamation occurs.

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