Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Memorandum accounts - Conduit tax relief accounts (CTRA)

OD 6: CTRA transfer from FDP account

You could also call this:

“Removed rule about moving money between company accounts”

This section of the law has been removed. It used to be about transferring money from one type of account to another in a company’s financial records. The government took this rule out of the law on 1 July 2011. This means that from that date, companies no longer need to follow this specific rule when dealing with their money.

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 It might be out of date or be missing some parts.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=DLM1519114.

Topics:
Money and consumer rights > Taxes
Previous

OD 5: CTRA tax credit for conduit tax relief, or

“Tax credit for overseas investors removed in 2009”

Next

OD 7: CTRA dividend derived with CTR credit, or

“Removed rule about special dividends with tax credits”

Part O Memorandum accounts
Conduit tax relief accounts (CTRA)

OD 6CTRA transfer from FDP account (Repealed)

    Notes
    • Section OD 6: repealed (with effect on 1 July 2011 and applying for income years beginning on or after that date), on , by section 99(1) of the Taxation (International Investment and Remedial Matters) Act 2012 (2012 No 34).