Section OB 31 — Income Tax Act 2007: ICA allocation of provisional tax

OB 31 ICA allocation of provisional tax Debit (1) An ICA company has an imputation debit for an amount of provisional tax allocated by the company under section RC 32 (Wholly-owned groups of companies) to an underpaid company. Table reference (2) The imputation debit in subsection (1) is referred to in table O2: imputation debits, row 3 (allocation of provisional tax). Debit date (3) The debit date is the day the Commissioner is notified of the allocation. Defined in this Act: amount , Commissioner , company , ICA company , imputation debit , notify , provisional tax , Compare: 2004 No 35 s ME 5(1)(d), (2)(d)