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Income Tax Act 2007

Memorandum accounts - Memorandum accounts of consolidated groups - Policyholder credits of consolidated groups

OP 110: Consolidated PCA transfer from imputation credit account

You could also call this:

“Transfer rule from imputation credit account to consolidated policyholder credit account no longer applies”

This part of the law is about a rule called ‘Consolidated PCA transfer from imputation credit account’. It was part of the rules for ‘Policyholder credits of consolidated groups’ in the Income Tax Act 2007. However, this rule no longer exists. It was removed on 1 July 2010. This means you don’t need to worry about following this rule anymore because it’s not part of the law now.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1519693.

Topics:
Money and consumer rights > Taxes
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: Policyholder credits of consolidated groups

OP 110Consolidated PCA transfer from imputation credit account (Repealed)

    Notes
    • Section OP 110: repealed, on , by section 483(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).