View Full Version : Dividend with imputation credits journal entry
saunders1
May 28, 2010, 01:05 PM
What is journal entry for a didivdend declared and paid with imputation credits and resident withholding tax attached, does the imputation credit show in the statement of financial performance
morgaine300
May 28, 2010, 11:58 PM
What is an imputation credit? Or maybe a better question is where are you at?
saunders1
May 29, 2010, 01:32 AM
New Zealand
jazzgo
Aug 4, 2010, 01:05 PM
If its paid, no it doesn't show on any statements, straight off the equity. However you will need off-balance sheet ledger that tracks IC and you will need to file IC returns. For RWT it becomes a tax liability.
jazzgo
Aug 4, 2010, 01:05 PM
If its paid, no it doesn't show on any statements, straight off the equity. However you will need off-balance sheet ledger that tracks IC and you will need to file IC returns. For RWT it becomes a tax liability.
jazzgo
Aug 4, 2010, 01:05 PM
If its paid, no it doesn't show on any statements, straight off the equity. However you will need off-balance sheet ledger that tracks IC and you will need to file IC returns. For RWT it becomes a tax liability.