Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Tax credits and other credits - Underlying foreign tax credits (UFTC)

LL 3: Meaning of grey list dividend

You could also call this:

“Definition of grey list dividend removed from tax law”

This section used to explain what a grey list dividend meant in the Income Tax Act 2007. However, it has been removed from the law. The government took it out on 30 June 2009. This means that the rules about grey list dividends no longer apply. If you need to know about dividends and taxes, you should look at other parts of the Income Tax Act that are still in effect.

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 It might be out of date or be missing some parts.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=DLM1518204.

Topics:
Money and consumer rights > Taxes
Previous

LL 2: Tax credits for underlying foreign tax, or

“Explanation of previous rules for tax credits on foreign taxes that no longer apply”

Next

LL 4: Tracking accounts, or

“Tracking accounts for tax credits are no longer required”

Part L Tax credits and other credits
Underlying foreign tax credits (UFTC)

LL 3Meaning of grey list dividend (Repealed)

    Notes
    • Section LL 3: repealed (with effect on 30 June 2009), on , by section 343(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).