Section OP 12 — Income Tax Act 2007: Consolidated ICA dividend derived with imputation credit

OP 12 Consolidated ICA dividend derived with imputation credit Credit (1) A consolidated imputation group has an imputation credit for the amount of an imputation credit attached to a dividend derived by a group company. Table reference (2) The imputation credit in subsection (1) is referred to in table O19: imputation credits of consolidated imputation groups, row 7 (dividend derived with imputation credit). Credit date (3) The credit date is the day the dividend is paid. Defined in this Act: amount , company , consolidated imputation group , dividend , imputation credit , pay , Compare: 2004 No 35 s ME 11(1)(d), (2)(c)