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Income Tax Act 2007

Memorandum accounts - Memorandum accounts of consolidated groups - CTR debits of consolidated groups

OP 87: Consolidated CTRA payment of dividend

You could also call this:

“Removed rule about company groups paying dividends under Consolidated CTRA”

This part of the law has been removed. It used to talk about how groups of companies paid dividends under something called the Consolidated CTRA. The government took this rule out of the law on 1 July 2011. This change affects how companies calculate their taxes for any financial year that started on or after that date.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519619.

Topics:
Money and consumer rights > Taxes
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OP 86: Consolidated CTRA reversal of tax advantage arrangement, or

“This tax rule about reversing company tax advantages no longer applies”

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OP 88: Consolidated CTRA transfer to group’s FDP account, or

“Removed rule about moving money between company group accounts”

Part O Memorandum accounts
Memorandum accounts of consolidated groups: CTR debits of consolidated groups

OP 87Consolidated CTRA payment of dividend (Repealed)

    Notes
    • Section OP 87: repealed (with effect on 1 July 2011 and applying for income years beginning on or after that date), on , by section 113(2) of the Taxation (International Investment and Remedial Matters) Act 2012 (2012 No 34).