Section RE 24 — Income Tax Act 2007: When amount of tax treated as Maori authority credit

RE 24 When amount of tax treated as Maori authority credit When this section applies (1) This section applies when a Maori authority withholds an amount of tax for a taxable Maori authority distribution. Maori authority credit (2) The amount is treated as a Maori authority credit attached to the distribution by the Maori authority for the purposes of sections LO 1 to LO 4 , OK 16 , OK 19 , and OK 20 (which relate to the amount and treatment of Maori authority credits). Defined in this Act: amount of tax , Maori authority , Maori authority credit , taxable Maori authority distribution , Compare: 2004 No 35 s NF 8A(1)