“This provision about paying foreign dividend tax has been removed from the law”
This part of the law used to talk about ICA payment of FDP. ICA stands for imputation credit account, and FDP means foreign dividend payment. However, this section has been removed from the law. It was taken out on 30 June 2009. This means that the rules about ICA payment of FDP that were once here no longer apply. If you need to know about this topic, you might need to look at other parts of the law or ask someone who knows about tax rules.
Part O
Memorandum accounts
Imputation credit accounts (ICA)
OB 11ICA payment of FDP (Repealed)
Notes
Section OB 11: repealed (with effect on 30 June 2009), on , by section 385(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
