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Income Tax Act 2007

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

OP 34: Consolidated ICA refund of FDP

You could also call this:

“Refund process for an old tax type removed from law for company groups”

This section of the law has been removed. It used to be about how a group of companies could get a refund for something called FDP. FDP was a type of tax that doesn’t exist anymore. The government took this part out of the law on 1 April 2017 because it wasn’t needed anymore.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519480.

Topics:
Money and consumer rights > Taxes
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OP 33B: Consolidated ICA debit for transfer from tax pooling account for policyholder base liability, or

“Tax pooling transfer for insurance-related taxes creates a group tax debit”

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OP 35: Consolidated ICA refund of tax credit, or

“Refunds or transfers of tax credits for consolidated imputation groups”

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

OP 34Consolidated ICA refund of FDP (Repealed)

    Notes
    • Section OP 34: repealed, on , by section 235 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).