Section RE 23 — Income Tax Act 2007: When amount of tax treated as FDP credit

RE 23 When amount of tax treated as FDP credit When this section applies (1) This section applies when a company withholds RWT for resident passive income consisting of a dividend other than a dividend treated as interest. FDP credit (2) The amount is treated as an FDP credit attached to the dividend by the company which is treated as a FDPA company for the purposes of sections LE 6 , LF 1 , LF 3 , LF 4 , and LF 9 (which relate to the amount and treatment of FDP credits), and section 185 of the Tax Administration Act 1994. Defined in this Act: company , dividend , dividend treated as interest , FDPA company , FDP credit , resident passive income , RWT , Compare: 2004 No 35 s NF 8(1) Section RE 23(2): amended, on 1 April 2008, by section 543 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).