Memorandum accounts - Memorandum accounts of consolidated groups - FDP debits of consolidated FDP groups
OP 75: Consolidated FDPA breach of FDP ratio by PCA company
You could also call this:
“Outdated rule for group companies breaking foreign dividend payment rules”
This part of the law used to talk about what happens when a company in a group breaks the rules for foreign dividend payments. The rule was called ‘Consolidated FDPA breach of FDP ratio by PCA company’. However, this rule doesn’t exist anymore. The government removed it on 30 March 2017. If you need to know more about why this rule was taken away or what it used to mean, you might need to look at other parts of the tax law.
OP 76: Consolidated FDPA tax advantage arrangement, or
“Removed rule about tax advantages for consolidated FDP groups”
Part O
Memorandum accounts
Memorandum accounts of consolidated groups:
FDP debits of consolidated FDP groups
OP 75Consolidated FDPA breach of FDP ratio by PCA company (Repealed)
Notes
Section OP 75: repealed, on , by section 242 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).
