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OK 6B: MACA attributed PIE income with imputation credit
or “Māori authority credit for imputation credit from multi-rate PIE investment”
You could also call this:

“Māori authorities can receive a credit for research and development tax credits”

You can get a Maori authority credit if you’re entitled to a research and development tax credit. This credit is listed in a table called ‘Maori authority credits’ under the row for research and development tax credits.

The date you get this credit is the same day you file your tax return for the income year. This is when the credit becomes official.

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or “Outdated rule about special dividends with tax credits”
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Part O Memorandum accounts
Maori authority credit accounts (MACA)

OK 6CMACA research and development tax credit

  1. A Maori authority has a Maori authority credit for the amount of research and development tax credit it is entitled to.

  2. The Maori authority credit in subsection (1) is referred to in table O17: Maori authority credits, row 6C (Research and development tax credits).

  3. The credit date is the date the Maori authority files its return of income for the income year.

Notes
  • Section OK 6C: inserted, on , by section 15 (and see section 3 for application) of the Taxation (Research and Development Tax Credits) Act 2019 (2019 No 15).