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Income Tax Act 2007

Memorandum accounts - Imputation credit accounts (ICA)

OB 36: ICA refund of FDP

You could also call this:

“This provision about ICA refunds of FDP was removed from the law in 2017”

This part of the law used to be about getting a refund of something called FDP through an ICA. However, it’s not part of the law anymore. The government removed this section on 1 April 2017. If you need to know about ICA refunds of FDP, you should look at newer laws or ask someone who knows about tax rules after 2017.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518778.

Topics:
Money and consumer rights > Taxes
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OB 35B: ICA debit for transfer from tax pooling account for policyholder base liability, or

“Life insurer gets imputation debit for tax pooling transfer to pay policyholder income tax”

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OB 37: ICA refund of tax credit, or

“Refunds and transfers that reduce a company's imputation credit balance”

Part O Memorandum accounts
Imputation credit accounts (ICA)

OB 36ICA refund of FDP (Repealed)

    Notes
    • Section OB 36: repealed, on , by section 197 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).