Section RA 16 — Income Tax Act 2007: Payment date when taxable activity ends

RA 16 Payment date when taxable activity ends When this section applies (1) This section applies for a month when a registered person is required under section RA 6 to withhold and pay RWT or NRWT, and the person— (a) stops carrying on a taxable activity; or (b) no longer carries on a taxable activity in New Zealand. Payment to Commissioner (2) The person must pay to the Commissioner by the 20th day of the next month the total amount of tax for all payments relating to the taxable activity to the extent to which an amount of tax remains unpaid. Exemption continuing (3) This section does not apply for resident passive income if the person continues to hold an RWT exemption certificate. Defined in this Act: amount of tax , Commissioner , NRWT , pay , registered person , resident passive income , RWT , RWT exemption certificate , taxable activity , Compare: 2004 No 35 ss NF 4(5) , NG 11(4)