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Tax Administration Act 1994

Information, record-keeping, and returns - Returns - Foreign dividends

78B: Applications for tax credits

You could also call this:

"How to apply for a tax credit you are owed"

Illustration for Tax Administration Act 1994

You have a tax credit under section LJ 2 or LK 1 of the Income Tax Act 2007. You must apply for the credit within 4 years after the end of the tax year. The Commissioner can extend this 4-year period by up to 2 more years. You need to provide information to determine the amount of the credit when you apply. This information is necessary to process your application.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1258167.

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Part 3Information, record-keeping, and returns
Returns: Foreign dividends

78BApplications for tax credits

  1. A taxpayer who has a tax credit under section LJ 2 or LK 1 of the Income Tax Act 2007 must apply for the credit within 4 years after the end of the tax year in which the taxpayer would have the credit in the absence of this section. The Commissioner may extend this 4-year period by another period of up to 2 years.

  2. The taxpayer must provide with the application under subsection (1) information that is necessary to determine the amount of the credit.

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Notes
  • Section 78B: inserted, on (effective for 2008–09 income year and later income years, unless the context requires otherwise), by section ZA 2 of the Income Tax Act 2007 (2007 No 97).