A Practical Guide to Dividends and Imputation

A Practical Guide to Dividends and Imputation is a compact and understandable explanation of the dividend and imputation rules. Packed with practical examples high-lighting some of the more difficult areas that practitioners come across, this 2019 edition includes:

• 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, the solvency test)
• Imputation together with imputation credit accounts, carrying forward and grouping imputation credits
• RWT, and the new rules for reporting investment income information to Inland Revenue
• Issues when paying dividends to non-residents including NRWT
• Avoidance issues and dividend stripping.