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Income Tax Act 2007

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

OP 38: Consolidated ICA transfer for net foreign attributed income

You could also call this:

“Removed rule about consolidated imputation group transfers for overseas income”

This law is about a rule called ‘Consolidated ICA transfer for net foreign attributed income’. It was part of the rules about ‘Imputation debits of consolidated imputation groups’ in the Income Tax Act 2007. However, this rule no longer exists. It was removed on 30 June 2009. This means you don’t need to worry about following this rule anymore because it’s not part of the law now.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519488.

Topics:
Money and consumer rights > Taxes
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OP 37: Consolidated ICA group company’s debit, or

“Group debit when a company's imputation credit account would be negative”

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OP 39: Consolidated ICA replacement payment by company under share-lending arrangement, or

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

OP 38Consolidated ICA transfer for net foreign attributed income (Repealed)

    Notes
    • Section OP 38: repealed (with effect on 30 June 2009), on , by section 456(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).