Section OB 28 — Income Tax Act 2007: ICA payment of amount of tax for schedular payment

OB 28 ICA payment of amount of tax for schedular payment Credit (1) An Australian ICA company has an imputation credit for an amount equal to the amount of tax for a schedular payment paid to the company as a non-resident contractor. Table reference (2) The imputation credit in subsection (1) is referred to in table O1: imputation credits, row 26 (amount of tax for schedular payment). Credit date (3) The credit date is the day the amount of tax is withheld. Defined in this Act: amount , amount of tax , Australian ICA company , imputation credit , non-resident contractor , pay , schedular payment , Compare: 2004 No 35 s ME 4(1B)(b), (2B)(b)