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Income Tax Act 2007

General collection rules - Payments for foreign dividends (FDP)

RG 7: Reduction of payments for conduit tax relief

You could also call this:

“Outdated rule about reducing tax payments no longer applies”

This part of the law used to be about reducing payments for something called conduit tax relief. However, it’s no longer active. The government removed this section on 30 June 2009. This means you don’t need to worry about it anymore when dealing with your taxes or payments.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1520405.

Topics:
Money and consumer rights > Taxes
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Part R General collection rules
Payments for foreign dividends (FDP)

RG 7Reduction of payments for conduit tax relief (Repealed)

    Notes
    • Section RG 7: repealed (with effect on 30 June 2009), on , by section 540(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).