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Income Tax Act 2007

Tax credits and other credits - Tax credits for foreign dividend payment (FDP) credits

LF 2: Trustees for minor beneficiaries

You could also call this:

“Removed rule about trustees for young beneficiaries”

This section of the law, called ‘Trustees for minor beneficiaries’, was part of the rules about tax credits and other credits in the Income Tax Act 2007. However, it has been removed from the law. This means that this specific rule no longer applies. The change was made on 1 April 2017 by another law that updated tax rules.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518068.

Topics:
Money and consumer rights > Taxes
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LF 1: Tax credits for FDP credits, or

“This rule about tax credits for foreign dividends has been removed”

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LF 3: Beneficiaries of trusts, or

“This provision about trust beneficiaries no longer exists”

Part L Tax credits and other credits
Tax credits for foreign dividend payment (FDP) credits

LF 2Trustees for minor beneficiaries (Repealed)

    Notes
    • Section LF 2: repealed, on , by section 158 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).