Section OP 64 — Income Tax Act 2007: Consolidated FDPA payment of dividend

OP 64 Consolidated FDPA payment of dividend Debit (1) A consolidated FDP group has an FDP debit for the amount of an FDP credit attached to a dividend paid by a group company that is part of the group when the dividend is paid. Table reference (2) The FDP debit in subsection (1) is referred to in table O22: FDP debits of consolidated FDP groups, row 2 (payment of dividend). Debit date (3) The debit date is the day the dividend is paid. Defined in this Act: amount , company , consolidated FDP group , dividend , FDP account , FDP credit , FDP debit , pay , Compare: 2004 No 35 s MG 15(1)(a), (2)(a)