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Income Tax Act 2007

Memorandum accounts - Imputation credit accounts (ICA)

OB 81: Co-operative companies attaching FDP credits

You could also call this:

"This rule about co-operative companies and tax credits no longer applies"

This section of the law, called 'Co-operative companies attaching FDP credits', was part of the Income Tax Act 2007. However, you don't need to worry about it anymore because it was removed from the law on 1 April 2017. This means that this rule no longer applies and you can't use it.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518956.

Topics:
Money and consumer rights > Taxes
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OB 80: Co-operative companies’ notional distributions that are dividends, or

"How co-op companies' special distributions are treated as dividends for shareholders"

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OB 82: When and how co-operative company makes election, or

"How and when a co-operative company can choose to handle a distribution differently for tax purposes"

Part OMemorandum accounts
Imputation credit accounts (ICA)

OB 81Co-operative companies attaching FDP credits (Repealed)

    Notes
    • Section OB 81: repealed, on , by section 211 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).