Tax credits and other credits - Tax credits for supplementary dividends
LP 9: Relationship with RWT rules
You could also call this:
“This provision about foreign dividend tax credits and RWT rules is no longer in effect”
This part of the law used to be about how tax credits for foreign dividends relate to the rules for resident withholding tax (RWT). However, it’s no longer in effect. The government removed this section on 1 April 2013, so it doesn’t apply anymore. If you need to know about how foreign dividend tax credits and RWT rules work together now, you’ll need to look at other parts of the tax law that are still active.
“This section about limits on tax deductions was removed in 2013”
Part L
Tax credits and other credits
Tax credits for supplementary dividends
LP 9Relationship with RWT rules (Repealed)
Notes
Section LP 9: repealed, on (applying for the 2013–14 and later income years), by section 81(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63).
