Statute
Section HD 21 — Income Tax Act 2007: Companies
Text of the provision Official document
HD 21 Companies Paying dividends (1) A company incorporated in New Zealand is an agent of an absentee to whom it pays or credits dividends as a shareholder, or as a holder of a debenture to which section FA 2 (Recharacterisation of certain debentures) applies. Relationship with NRWT rules (2) Section RF 2(3) and (4) (Non-resident passive income) overrides this section. Defined in this Act: absentee , agent , company , debenture , debenture holder , dividend , New Zealand , NRWT rules , pay , shareholder , Compare: 2004 No 35 s HK 21
Official source: legislation.govt.nz
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