Memorandum accounts - Memorandum accounts of consolidated groups - CTR debits of consolidated groups
OP 90: Consolidated CTRA group company’s debit
You could also call this:
“Removed rule about company debits in consolidated CTRA groups”
This part of the law used to be about a company’s debit in a consolidated CTRA group. However, it was taken out of the law on 7 May 2012. The change started working from 1 July 2011 for income years that began on or after that date. This means that this rule doesn’t apply anymore, and you don’t need to worry about it now.
OP 91: Consolidated CTRA increase in resident shareholding, or
“Removed provision about tax credits when NZ shareholders increase in consolidated groups”
Part O
Memorandum accounts
Memorandum accounts of consolidated groups:
CTR debits of consolidated groups
OP 90Consolidated CTRA group company’s debit (Repealed)
Notes
Section OP 90: repealed (with effect on 1 July 2011 and applying for income years beginning on or after that date), on , by section 114(1) of the Taxation (International Investment and Remedial Matters) Act 2012 (2012 No 34).
