Section OC 13 — Income Tax Act 2007: FDPA payment of dividend

OC 13 FDPA payment of dividend Debit (1) An FDPA company has an FDP debit for the amount of an FDP credit attached to a dividend paid by the company. Table reference (2) The FDP debit in subsection (1) is referred to in table O4: FDP debits, row 2 (payment of dividend). Debit date (3) The debit date is the day the dividend is paid. Defined in this Act: amount , dividend , FDP credit , FDP debit , FDPA company , pay , Compare: 2004 No 35 s MG 5(1)(a), (2)(a)