Section OP 58 — Income Tax Act 2007: Consolidated FDPA dividend derived with FDP credit

OP 58 Consolidated FDPA dividend derived with FDP credit Credit (1) A consolidated FDP group has an FDP credit for the amount of an FDP credit attached to a dividend derived by a group company. Table reference (2) The FDP credit in subsection (1) is referred to in table O21: FDP credits of consolidated FDP groups, row 4 (dividend derived with FDP credit). Credit date (3) The credit date is the day the dividend is paid. Defined in this Act: amount , company , consolidated FDP group , dividend , FDP credit , pay , Compare: 2004 No 35 s MG 14(1)(b), (2)(a)