Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

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

LF 6: Application of FDP ratio

You could also call this:

“This rule about tax credits was removed in 2017 and no longer applies”

This section of the law, called ‘Application of FDP ratio’, used to be part of the rules about tax credits and other credits in the Income Tax Act 2007. However, it no longer applies. The government removed this rule on 1 April 2017. This means that you don’t need to worry about what it said before, because it’s not part of the law anymore.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518088.

Topics:
Money and consumer rights > Taxes
Previous

LF 5: Credit transfer notices, or

“Rules about credit transfer notices were removed in 2017”

Next

LF 7: Application of combined imputation and FDP ratio, or

“How combined tax credits used to be applied (now removed)”

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

LF 6Application of FDP ratio (Repealed)

    Notes
    • Section LF 6: repealed, on , by section 158 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).