Section OB 20 — Income Tax Act 2007: ICA distribution with Maori authority credit

OB 20 ICA distribution with Maori authority credit Credit (1) An ICA company has an imputation credit for the amount of a Maori authority credit attached to a distribution received by the company. Table reference (2) The imputation credit in subsection (1) is referred to in table O1: imputation credits, row 18 (distribution with Maori authority credit). Credit date (3) The credit date is the day the distribution is paid. Defined in this Act: amount , ICA company , imputation credit , Maori authority credit , pay , Compare: 2004 No 35 s ME 4(1)(ea), (2)(cb)