Memorandum accounts - Policyholder credit accounts (PCA) - Policyholder credits of PCA person
OJ 14: PCA person’s equivalent credit
You could also call this:
“Discontinued tax credit for policyholders no longer in effect”
This part of the law used to talk about something called a ‘PCA person’s equivalent credit’. It was part of the rules about ‘Policyholder credits of PCA person’ in the Income Tax Act 2007. However, this section doesn’t apply anymore. It was removed from the law on 1 July 2010. This means that if you’re looking for information about PCA person’s equivalent credit, you won’t find it in the current version of this law.
