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Income Tax Act 2007

Memorandum accounts - Memorandum accounts of consolidated groups - Branch equivalent tax debits of consolidated BETA groups

OP 105: Consolidated BETA payment of FDP

You could also call this:

“How a group of companies used to pay a specific tax using a consolidated account”

You can no longer use this part of the law. It was about how a group of companies could pay a certain tax called FDP using something called a consolidated BETA. The government removed this section from the law on 30 June 2009. If you need to know more about paying taxes for a group of companies, you should look at other parts of the Income Tax Act 2007 or ask a tax expert for help.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519676.

Topics:
Money and consumer rights > Taxes
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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“Outdated rule for handling tax debits in certain company groups”

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OP 106: Consolidated BETA reduction of FDP, or

“Removal of tax reduction option for consolidated company groups”

Part O Memorandum accounts
Memorandum accounts of consolidated groups: Branch equivalent tax debits of consolidated BETA groups

OP 105Consolidated BETA payment of FDP (Repealed)

    Notes
    • Section OP 105: repealed (with effect on 30 June 2009), on , by section 479(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).