Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Tax credits and other credits - Tax credits for supplementary dividends

LP 7: Requirements for supplementary dividend holding companies

You could also call this:

“Rules for certain dividend-holding companies no longer apply”

You don’t need to know about supplementary dividend holding companies anymore. The law that used to talk about the requirements for these companies has been removed. This part of the law was taken out on 1 April 2013, so it doesn’t apply to any tax years after that date.

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 It might be out of date or be missing some parts.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=DLM1518305.

Topics:
Money and consumer rights > Taxes
Previous

LP 6: Deriving supplementary dividend and breach of terms of trust, or

“Rules for paying extra dividends on some shares or to trust beneficiaries”

Next

LP 8: Relationship with exempt income rules, or

“This section about tax credits and untaxed income was removed in 2013”

Part L Tax credits and other credits
Tax credits for supplementary dividends

LP 7Requirements for supplementary dividend holding companies (Repealed)

    Notes
    • Section LP 7: repealed, on (applying for the 2013–14 and later income years), by section 79(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63).