Section RF 1 — Income Tax Act 2007: NRWT rules and their application

RF 1 NRWT rules and their application Meaning (1) The NRWT rules means— (a) this subpart; and (b) section LB 5 (Tax credits for non-resident withholding tax); and (c) sections LJ 1 to LJ 3 , LJ 6 , and LJ 7 (which relate to tax credits for foreign income tax); and (d) sections LK 1 to LK 5 , and LK 7 (which relate to tax credits related to attributed CFC income); and (e) sections 32M , 49 , 100 , Part 9 , and sections 165B and 185 of the Tax Administration Act 1994. Application (2) The NRWT rules apply to a person who makes a payment that consists of non-resident passive income. What this section does not apply to (3) This section does not apply to an amount referred to in section CC 1(2)(a) to (d) (Land) to which section CC 9 (Royalties) applies. Exception: certain income from land (4) Despite subsection (3), this section does apply to non-resident passive income that is an amount paid for— (a) the exploitation of, or right to exploit, plant material or a naturally occurring material or mineral arising in or on the land: (b) the removal of, or right to remove, plant material or a naturally occurring material or mineral arising in or on the land. Defined in this Act: amount , non-resident passive income , NRWT rules , pay Compare: 2004 No 35 s OB 1 “ NRWT rules ” Section RF 1(3) heading: added (with effect on 1 April 2008), on 7 December 2009, by section 111(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63). Section RF 1(3): added (with effect on 1 April 2008), on 7 December 2009, by section 111(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63). Section RF 1(4) heading: added (with effect on 1 April 2008), on 7 December 2009, by section 111(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63). Section RF 1(4): added (with effect on 1 April 2008), on 7 December 2009, by section 111(1) of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63). Section RF 1 list of defined terms amount : inserted (with effect on 1 April 2008), on 7 December 2009, by section 126 of the Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 (2009 No 63).