Te hīkaro uara whakawhiti i Te Moana-tāpokopoko-a-Tāwhaki mō ngā kaiwhaipainga o Aotearoa Trans-Tasman imputation for New Zealand shareholders

Some Australian companies can choose to pass on credit for any New Zealand tax paid to their New Zealand shareholders.

If you're a shareholder in this situation, the notices you receive with the payment of each dividend show the credits. These credits will show on your dividend certificates as 'NZ imputation credits'.

Australian franking credits

Under current legislation shareholders in receipt of Australian dividends cannot claim 'franking credits' in their New Zealand tax returns.