[saunders1]

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]

What is an imputation credit? Or maybe a better question is where are you at?

[saunders1]

New Zealand

[jazzgo]

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]

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]

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.