Section RD 48 — Income Tax Act 2007: When attributed benefits provided to more than 1 employee

RD 48 When attributed benefits provided to more than 1 employee If an employer provides a fringe benefit to which section RD 47 applies to more than 1 employee, the employer must attribute the benefit to the employee who mainly uses or receives it in a quarter or income year, as applicable. If the employer cannot determine which employee mainly uses or receives the benefit, they must pool the benefit under section RD 53 . Defined in this Act: contribution , employee , employer , fringe benefit , income year , quarter , Compare: 2004 No 35 s ND 3(2)