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Income Tax Act 2007

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

OP 93: Consolidated CTRA tax advantage arrangement

You could also call this:

“Outdated rules for group companies' tax arrangements removed in 2012”

You should know that this part of the law about ‘Consolidated CTRA tax advantage arrangement’ for groups of companies is no longer in use. It was taken out of the Income Tax Act 2007 on 7 May 2012. This change applies to income years that started on or after 1 July 2011. The government made this change as part of the Taxation (International Investment and Remedial Matters) Act 2012.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519631.

Topics:
Money and consumer rights > Taxes
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OP 92: Consolidated CTRA breach of CTR ratio, or

“Removed rule about consolidated group tax account imbalances”

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OP 94: Consolidated CTRA final balance, or

“Final balance rules for group tax accounts have been removed”

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

OP 93Consolidated CTRA tax advantage arrangement (Repealed)

    Notes
    • Section OP 93: repealed (with effect on 1 July 2011 and applying for income years beginning on or after that date), on , by section 114(1) of the Taxation (International Investment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).