Section RD 18 — Income Tax Act 2007: Schedular payments without notification

RD 18 Schedular payments without notification When this section applies (1) This section applies when a person makes a schedular payment but the notification required under section 24L of the Tax Administration Act 1994 has not been provided to them. When this section does not apply (2) This section does not apply when a person other than a company incorporates a company to obtain a reduction in an amount of tax for a schedular payment. Additional amount of tax (3) The person must withhold, in addition to the amount calculated under section RD 10(3) , an amount of tax for the schedular payment determined as follows: (a) 5% of the amount of the schedular payment if— (i) the person receiving the payment is a company that is a non-resident contractor; and (ii) the non-resident contractor receives the payment other than as a result of a choice that is made for the purposes that include a purpose of defeating the intent and application of paragraph (b): (b) 15% of the amount of the schedular payment in all other cases. Non-application to non-resident entertainers (4) This section does not apply if the schedular payment is made to a non-resident entertainer. Defined in this Act: amount , amount of tax , company , non-resident contractor , non-resident entertainer , notify , pay , schedular payment Compare: 2004 No 35 s NC 7(2) Section RD 18(3) heading: substituted (with effect on 1 April 2008) on 6 October 2009, by section 512(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34). Section RD 18(3): substituted (with effect on 1 April 2008) on 6 October 2009, by section 512(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34). Section RD 18(4) heading: added (with effect on 1 April 2008) on 6 October 2009, by section 512(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34). Section RD 18(4): added (with effect on 1 April 2008) on 6 October 2009, by section 512(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).