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StatuteIncome Tax Act 2007

Section OK 8 — Income Tax Act 2007: MACA resident withholding tax withheld

Text of the provision Official document

OK 8 MACA resident withholding tax withheld Credit (1) A Maori authority has a Maori authority credit for the amount of tax for resident passive income treated under section RA 9(1)(b) (Treatment of amounts withheld as received) as derived by the Maori authority. Table reference (2) The Maori authority credit in subsection (1) is referred to in table O17: Maori authority credits, row 8 (RWT). Credit date (3) The credit date is the day the amount of tax is withheld. Defined in this Act: amount of tax , Maori authority , Maori authority credit , resident passive income , RWT , Compare: 2004 No 35 s MK 4(1)(h), (2)(e)

Official source: legislation.govt.nz

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