Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-6 - THE IMPUTATION SYSTEM  

Division 220 - Imputation for NZ resident companies and related companies  

Subdivision 220-B - NZ company treated as Australian resident for imputation system if company chooses  

SECTION 220-30  

220-30   What is an NZ franking company ?  

A company is an NZ franking company at a time if, at the time, the company is an *NZ resident and has an *NZ franking choice in force.