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Business income tax
Te take whiwhinga pakihi

Trans-Tasman imputation

In November 2003 the New Zealand Government passed the Taxation (Annual Rates, GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act 2003 which included changes to address the double taxation that can arise on certain trans-Tasman investments.

Trans-Tasman imputation and the company tax rate change

Find out how the 2009 reduction of company income tax rate (CTR) from 33% to 30% affects trans-Tasman imputation.

About trans-Tasman imputation

If you are a New Zealand or Australian company or business, or a New Zealand shareholder wishing to do business across the Tasman, this section outlines your tax obligations.

Trans-Tasman imputation for New Zealand companies

If you are a New Zealand company, use this section to find information on electing to maintain an Australian franking account, imputation grouping and the necessary forms you will need.

Trans-Tasman imputation rules and additional help

Find information on the rules for allocating imputation credits to dividends, streaming and trading, and change of shareholder continuity.

Trans-Tasman imputation for New Zealand shareholders

Find information on how Australian companies may elect to pass on credit for any New Zealand tax paid to their New Zealand shareholders.

Assessments and disputes, penalties and interest, and the ICA

Find information on assessments and disputes, penalties and interest, transactions recorded in the ICA and the significance of the ICA closing balance.

 

 


Date published: 11 Nov 2004

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