Tax Administration Act 1994

Information, record-keeping, and returns - Statements, notices, and certificates

30C: Credit transfer notice to share supplier and Commissioner when share user transfers imputation credit under share-lending arrangement

You could also call this:

"Telling the share supplier and Commissioner about imputation credit transfers"

Illustration for Tax Administration Act 1994

When you get a dividend from a share, you might need to give some information to the share supplier and the Commissioner. You can do this by issuing a credit transfer notice. This notice must be in a form approved by the Commissioner and show how much imputation credit is attached to the dividend. You need to state that the imputation credit will be transferred to the share supplier and attach a copy of the shareholder dividend statement. You should give this notice to the share supplier and the Commissioner when the dividend is paid or as soon as possible after it is paid.

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This page was last updated on 28 November 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM350789.

Topics:

Money and consumer rights > Taxes

30B: Statement to share supplier when share user makes replacement payment under share-lending arrangement, or

"Telling the share supplier about a replacement payment you make"

30D: Statements to shareholders when certain assets held by companies, or

"Companies must tell shareholders about certain assets and tax information"

Part 3Information, record-keeping, and returns
Statements, notices, and certificates

30CCredit transfer notice to share supplier and Commissioner when share user transfers imputation credit under share-lending arrangement

A credit transfer notice may be issued by a share user under a share-lending arrangement when a dividend is paid for an original share, by complying with this section.
A credit transfer notice must—
be in a form approved by the Commissioner:
show the amount of imputation credit, if any, attached to the dividend, if the dividend is derived by the share user:
state that any imputation credit is to be transferred to the share supplier, if the dividend is derived by the share user:
attach a copy of the shareholder dividend statement for the dividend, if the dividend is derived by the share user:
be given to the relevant share supplier and the Commissioner when the dividend is paid or as soon as possible after it is paid.

Notes

Section 30C: inserted, on 1 July 2006, by section 214 of the Taxation (Depreciation, Payment Dates Alignment, FBT, and Miscellaneous Provisions) Act 2006 (2006 No 3).
Section 30C(2)(b): amended, on 1 April 2017, by section 309(1) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).
Section 30C(2)(c): amended, on 1 April 2017, by section 309(2) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).