Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Memorandum accounts - Foreign dividend payment accounts (FDPA)

OC 15: FDPA overpayment of FDP

You could also call this:

“This section about overpayment of foreign dividend payments has been removed”

This section of the law has been removed. It used to be about something called ‘FDPA overpayment of FDP’, which was part of the rules for ‘Memorandum accounts’ in the Income Tax Act 2007. The government took this section out of the law on 1 April 2017. If you need to know more about this topic, you might need to look at other parts of the tax law or ask a grown-up who knows about taxes.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518994.

Topics:
Money and consumer rights > Taxes
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Part O Memorandum accounts
Foreign dividend payment accounts (FDPA)

OC 15FDPA overpayment of FDP (Repealed)

    Notes
    • Section OC 15: repealed, on , by section 216 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).