Trans-Tasman imputation - revocation
For New Zealand companies
This form allows a New Zealand company that has made a NZ franking choice to revoke the choice. The revocation takes effect when this form is given to the Australian Commissioner of Taxation.
A revocation of the franking choice will result in either:
End of attention
- a cancellation of any franking surplus that is in the franking account
- a franking deficit tax liability arising if the franking account is in deficit.
Lodging the form
This Trans-Tasman imputation revocation form is designed for transmission over the internet. To transmit the form successfully, you must meet the minimum system requirements.
If you elect to use the electronic version of the form, you will receive a receipt number when you submit it. This will be followed within 48 hours by an email confirmation of your form lodgment.
If you cannot transmit the form, save and print a copy of the completed form and post it to:
Australian Taxation Office
PO Box 3373
Penrith NSW 2740
For Australian companies
Last modified: 28 Nov 2012QC 17529
Australian companies wishing to elect out of the New Zealand imputation system, should visit www.ird.govt.nz
End of further information