Excess imputation credits carried forward.

[nztx]

Imputation credits may be useful if a CGT is brought in

Assuming that with excess imputation credits, an effective 'tax prepayment for a future year' is capable
of transfer & offset. As tax effectively paid by the company paying dividend, I wouldn't be too sure
of chances of that..

Happen to notice that when company tax rates decreased from 33% to 28% - the 33% in either or combination
of imputation credits & Div Withholding tax didn't similarly reduce to 28% for company distributions paid out?

PIE Companies dividends however were just fine with the lower 28% top PIR rate- no problem in the interim ..

X number of years later it still hasn't been fixed & with top tier taxpayers getting shafted harder in near future
on over $180k pa - it looks like DWT/Imputation credit coverage wont be fixed / lowered any time soon either
to 28% ..