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Income Tax Act 2007

Memorandum accounts - Memorandum accounts of consolidated groups - Imputation credits of consolidated imputation groups

OP 13: Consolidated ICA dividend derived with FDP credit

You could also call this:

“This provision about group company dividend handling no longer applies”

This section of the law used to be about how companies in a group handle certain types of dividends. However, as of 1 April 2017, this part of the law no longer applies. It has been removed from the Income Tax Act 2007.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519437.

Topics:
Money and consumer rights > Taxes
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OP 12: Consolidated ICA dividend derived with imputation credit, or

“Using imputation credits from dividends in a consolidated group”

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OP 14: Consolidated ICA payment of FDP, or

“Removed rule about company group tax credits for foreign dividends”

Part O Memorandum accounts
Memorandum accounts of consolidated groups: Imputation credits of consolidated imputation groups

OP 13Consolidated ICA dividend derived with FDP credit (Repealed)

    Notes
    • Section OP 13: repealed, on , by section 231 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).