Section Sch50-“ 166B — Income Tax Act 2007: Shipping business of absentee taxpayer

“ 166B Shipping business of absentee taxpayer “ (1) This section applies if an assessment is made in relation to— “ (a) an absentee who carries on a shipping business carrying goods or passengers; or “ (b) a person who— “ (i) is the master of a ship owned by or under charter to the absentee; and “ (ii) is treated as an agent under section HD 21 of the Income Tax Act 2007. “ (2) The Commissioner may require a Customs officer to withhold the clearance of the ship pending the payment of any tax assessed. “ Compare: 2004 No 35 s HK 18 ” .