Section OP 76 — Income Tax Act 2007: Consolidated FDPA tax advantage arrangement

OP 76 Consolidated FDPA tax advantage arrangement Debit (1) A consolidated FDP group has an FDP debit for the amount of a debit for a tax advantage arrangement determined under sections GB 35 and GB 36 (which relate to imputation arrangements to obtain a tax advantage). Table reference (2) The FDP debit in subsection (1) is referred to in table O22: FDP debits of consolidated FDP groups, row 14 (tax advantage arrangement). Debit date (3) The debit date is the last day of the tax year in which the arrangement began. Defined in this Act: amount , arrangement , consolidated FDP group , FDP account , FDP debit , tax advantage , tax year , Compare: 2004 No 35 s MG 15(1)(h), (2)(f)