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A Practical Guide to Dividends and Imputation

A Practical Guide to Dividends and Imputation

  • Author:
  • Publisher: CCH New Zealand
  • ISBN: 9781775471615
  • Published In: May 2019
  • Format: Paperback
  • Jurisdiction: New Zealand ? Disclaimer:
    Countri(es) stated herein are used as reference only

List Price: HKD 690.00

HKD 669.30 Save HKD 20.70 (3%)

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  • Description 
  • Details

    A Practical Guide to Dividends and Imputation provides a concise and easy-to-understand explanation of the dividend and imputation rules. Packed with practical examples high-lighting some of the more difficult areas that practitioners come across.

    Topics covered include:

    • the concept of a dividend and identifying deemed dividends (such as low interest loans and debt forgiveness)
    • issues when paying out a dividend (attaching imputation credits, the benchmark ratio, dividend statements, and the solvency test)
    • imputation – together with imputation credit accounts, carrying forward and transferring imputation credits
    • RWT, and the new rules for reporting investment income information to Inland Revenue
    • issues when paying dividends to non-residents including NRWT and FITC
    • avoidance issues such as remuneration paid to relatives and dividend stripping.

    Key benefits of the guide include:

    • provides readers with practical, day-to-day guidance on tax compliance for dividends
    • helps to mitigate the risk of non-compliance and resulting penalties, especially in the area of deemed dividends
    • assists with identifying dividend issues in complex tax areas such as liquidations, share repurchases and tax avoidance
    • uses practical examples, tables and diagrams to give readers a clear understanding of their tax obligations.

    Who should read this guide:

    Straightforward and easy-to-use, this book is a valuable working guide to dividends and imputation for accountants and anyone involved in companies in New Zealand whether as shareholders, directors, auditors, or other company advisors.

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