Online IR4 2004
Help IR4 2004 - Share repurchases
Generally, when amounts distributed to shareholders on cancellation or repurchase of shares fall below specified thresholds, the amounts are taxable in full to shareholders as dividends. When distributions on repurchase exceed those thresholds, or occur through the stock exchange, the distributions will be deducted from available subscribed capital of the company and will therefore be tax-free to the shareholders. However this is only to the extent that the distributions are not in lieu of dividends. If the subscribed capital of the company has been depleted, the distributions will be taxable.
Specific rules also govern the repurchase and subsequent sale of treasury stock.
The total value entered on the return should be the aggregate value of all distributions made by the company during the year in respect of company shares repurchased, redeemed, cancelled, or purchased as treasury stock.
Other pages in this section
- Help IR4 2004 - Adjustments to debit balance
- Help IR4 2004 - Associated taxpayers
- Help IR4 2004 - Business or rental income
- Help IR4 2004 - Closing balance
- Help IR4 2004 - Has the company ceased
- Help IR4 2004 - Company controlled or owned by non-residents
- Help IR4 2004 - company details
- Help IR4 2004 - Conduit tax relief
- Help IR4 2004 - Credits
- Help IR4 2004 - Debits
- Help IR4 2004 - Credits
- Help IR4 2004 - Debits
- Help IR4 2004 - Opening Balance
- Help IR4 2004 - Dividend withholding payment account return
- Help IR4 2004 - Foreign investor tax credit
- Help IR4 2004 - Foreign rights
- Help IR4 2004 - Foreign-sourced dividends
- Help IR4 2004 - Imputation
- Help IR4 2004 - Transfer to the imputation credit account
- Help IR4 2004 - Imputation credits
- Help IR4 2004 - Imputation penalty tax
- Help IR4 2004 - Imputation return
- Help IR4 2004 - Total income after net losses brought forward
- Help with online IR 4 company return 2004
- Help IR4 2004 - Injury Prevention, Rehabilitation, and Compensation Act 2001 (ACC)
- Help IR4 2004 - Insurance premiums paid to an overseas insurer
- Help IR4 2004 - Loss attributing qualifying company
- Help IR4 2004 - Loss from a loss attributing qualifying company
- Help IR4 2003 - Late filing penalties
- Help IR4 2004 - Late payment
- Help IR4 2004 - Limitation on tax refunds
- Help IR4 2004 - Net losses brought forward
- Help IR4 2004 - Lowest economic interests of shareholders
- Help IR4 company return 2004
- Help IR4 2004 - Non-resident entertainer or contractor
- Help IR4 2004 - Non-resident
- Help IR4 2004 - New Zealand dividends
- Help IR4 2004 - New Zealand interest
- Help IR4 2004 - Opening balance
- Help IR4 2004 - Other income
- Help IR4 2004 - Overseas income
- Help IR4 2004 - Partnership, estate or trust income
- Help IR4 2004 - Payment dates
- Help IR4 2004 - Dividend withholding payment penalty tax
- Help IR4 2004 - 2005 provisional tax
- Help IR4 2004 - Refunds and/or transfers
- Help IR4 2004 - Return due date
- Help IR4 2004 - 2004 return not filed by 2005 provisional tax instalment date
- Help IR4 2004 - Self-assessment by taxpayers
- Help IR4 2004 - Shareholder details
- Help IR4 2004 - Net losses and subvention payments
- Help IR4 2004 - Tax sparing, group investment funds and superannuation schemes
- Help IR4 2004 - Which companies must file a return
Date published: 02 Dec 2004
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