Dividend imputation has changed how NZ corporates deliver returns to shareholders, says EY. Will Australia’s reconsideration of the system affect us?
Content supplied by EY New Zealand is one of only a few countries with a dividend imputation regime. Introduced in 1988, New Zealand’s imputation regime removes double taxation on distributions by attributing to shareholders a credit for the tax borne on profits at the company level. Benefits include a single… – Continue reading