Section RF 15 — Income Tax Act 2007: Commissioner’s power to vary amounts of tax

RF 15 Commissioner’s power to vary amounts of tax Special circumstances (1) For the purposes of meeting the special circumstances of a case or class of cases, the Commissioner may— (a) relieve a person from an obligation to withhold NRWT under section RA 6(2) (Withholding and payment obligations for passive income), RF 3 , RF 4 , or RF 10 ; or (b) vary the amount of tax that a person must withhold under section RA 6(2) . Exclusion for certain payments of interest (2) This section does not apply to an amount of tax for a payment of interest derived jointly with a person resident in New Zealand as described in section RF 12(1) . NRWT rules apply as if amended (3) On the exercise of a power under subsection (1), the NRWT rules apply in the particular case as if they were amended in the way in which the power is exercised. Defined in this Act: amount of tax , Commissioner , interest , NRWT , NRWT rules , pay , resident in New Zealand , Compare: 2004 No 35 s NG 10