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.
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 O
Memorandum 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OB 81Co-operative companies attaching FDP credits (Repealed)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Section OB 81: repealed, on , by section 211 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).
