Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Memorandum accounts - Foreign dividend payment accounts (FDPA)

OC 1: General rules for companies with FDP accounts

You could also call this:

“Rules for companies with FDP accounts no longer exist”

You used to be able to learn about general rules for companies with FDP accounts in this section. However, this part of the law no longer exists. It was removed on 1 April 2017. This means that these rules don’t apply anymore, and you can’t use them.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518964.

Topics:
Money and consumer rights > Taxes
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OB 84: When and how group company transferring tax loss makes election, or

“How a company tells the government about sharing its tax loss with another company in its group”

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OC 2: FDP accounts, or

“FDP accounts are no longer part of the tax rules”

Part O Memorandum accounts
Foreign dividend payment accounts (FDPA)

OC 1General rules for companies with FDP accounts (Repealed)

    Notes
    • Section OC 1: repealed, on , by section 216 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).