Section OE 22 — Income Tax Act 2007: BETA person’s final balance

OE 22 BETA person’s final balance Debit (1) A BETA person has a branch equivalent tax debit for a credit balance in the branch equivalent tax account when the person stops being resident in New Zealand. Table reference (2) The branch equivalent tax debit in subsection (1) is referred to in table O10: person’s branch equivalent tax debits, row 4 (final balance). Debit date (3) The debit date is the day the person stops being resident in New Zealand. Defined in this Act: BETA person , branch equivalent tax account , branch equivalent tax debit , resident in New Zealand , Compare: 2004 No 35 s MF 13(3)(c)