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Income Tax Act 2007

Memorandum accounts - Conduit tax relief accounts (CTRA)

OD 18: CTRA tax advantage arrangement

You could also call this:

“Removed rule about tax advantage arrangements in special accounts”

The ‘CTRA tax advantage arrangement’ section has been removed from the law. It used to be part of the rules about keeping track of money in special accounts, but it doesn’t apply anymore. The government took this section out of the law on 7 May 2012. This change affected how things worked from 1 July 2011 onwards.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519143.

Topics:
Money and consumer rights > Taxes
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OD 17: CTRA breach of CTR ratio, or

“Outdated tax rule about company tax account ratios no longer applies”

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OD 19: CTRA final balance, or

“This provision about memorandum accounts has been removed from the law”

Part O Memorandum accounts
Conduit tax relief accounts (CTRA)

OD 18CTRA tax advantage arrangement (Repealed)

    Notes
    • Section OD 18: repealed (with effect on 1 July 2011 and applying for income years beginning on or after that date), on , by section 99(1) of the Taxation (International Investment and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).