Section OK 11 — Income Tax Act 2007: MACA allocation of provisional tax

OK 11 MACA allocation of provisional tax Debit (1) A Maori authority has a Maori authority debit for an amount of provisional tax treated under section RC 32 (Wholly-owned groups of companies) as allocated by the Maori authority to another Maori authority as an underpaid company. Table reference (2) The Maori authority debit in subsection (1) is referred to in table O18: Maori authority debits, row 3 (allocation of provisional tax). Debit date (3) The debit date is the day the Commissioner is notified of the allocation. Defined in this Act: amount , Commissioner , company , Maori authority , Maori authority debit , notify , provisional tax , Compare: 2004 No 35 s MK 5(1)(b), (2)(b)