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Income Tax Act 2007

Memorandum accounts - Conduit tax relief accounts (CTRA)

OD 12: CTRA transfer to group account

You could also call this:

“Removed rule about moving money from a CTRA to a group account”

This part of the law has been removed. It used to be about moving money from something called a CTRA to a group account. The government took this rule out of the law on 7 May 2012. The change started working from 1 July 2011 for any money you earned after that date. If you want to know more about why this changed, you can look at section 99(1) of the Taxation (International Investment and Remedial Matters) Act 2012.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519127.

Topics:
Money and consumer rights > Taxes
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“Old rule about transferring tax credits between company accounts no longer applies”

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OD 13: CTRA adjustment for conduit tax relief, or

“This provision about tax adjustments for overseas investments is no longer in effect”

Part O Memorandum accounts
Conduit tax relief accounts (CTRA)

OD 12CTRA transfer to group account (Repealed)

    Notes
    • Section OD 12: repealed (with effect on 1 July 2011 and applying for income years beginning on or after that date), on , by section 99(1) of the Taxation (International Investment and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).