Section RP 17 — Income Tax Act 2007: Tax pooling intermediaries

RP 17 Tax pooling intermediaries Meeting person A's obligations (1) A person ( person A ) may ask a person who maintains a tax pooling account to act as a tax pooling intermediary between person A and the Commissioner in using funds in the tax pooling account to meet an obligation of person A to pay provisional tax, terminal tax, or an increase in an assessment of tax as described in section RP 17B(3) . Person A and group companies (2) For the purposes of this section, if person A is a company in a group of companies, person A also includes the other companies that are in the group at the time— (a) an amount is deposited in a tax pooling account under section RP 18 ; and (b) as applicable,— (i) is used or transferred under section RP 17B : (ii) is transferred under section RP 19 . Defined in this Act: amount , Commissioner , company , group of companies , intermediary , provisional tax , tax pooling account , Compare: 2004 No 35 s MBA 2 Section RP 17: amended (with effect on 1 April 2009), on 6 October 2009, by section 550 of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34). Section RP 17(1) heading: inserted, on 29 August 2011, by section 125(1) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Section RP 17(2) heading: added, on 29 August 2011, by section 125(2) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Section RP 17(2): added, on 29 August 2011, by section 125(2) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Section RP 17 list of defined terms amount : inserted, on 29 August 2011, by section 125(3) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Section RP 17 list of defined terms company : inserted, on 29 August 2011, by section 125(3) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63). Section RP 17 list of defined terms group of companies : inserted, on 29 August 2011, by section 125(3) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).