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OP 103: Consolidated BETA refund of FDP
or “Refund of foreign dividend payments for consolidated groups no longer applies”
You could also call this:

“Credit for consolidated groups losing shareholder continuity (removed)”

You can no longer use this part of the law. It was removed on 1 July 2012. This section used to be about getting a credit for a consolidated BETA group when they lost shareholder continuity. BETA stands for Branch Equivalent Tax Account. If you need to know more about this topic, you might need to look at other parts of the Income Tax Act 2007 or ask a tax expert for help.

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Next up: OP 104B: Consolidated BETA group with debit balance, including debits from conduit relief, in certain income years

or “Outdated rule for handling tax debits in certain company groups”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: Branch equivalent tax credits of consolidated BETA groups

OP 104Consolidated BETA credit for loss of shareholder continuity (Repealed)

    Notes
    • Section OP 104: repealed, on (applying for income years beginning on or after that date), by section 122(1) of the Taxation (International Investment and Remedial Matters) Act 2012 (2012 No 34).