Section Sch50-“ 51 — Income Tax Act 2007: RWT withholding reconciliation statements

“ 51 RWT withholding reconciliation statements “ (1) Subsection (1B) applies when a person withholds (or is required by the RWT rules to withhold, but fails to do so) RWT for resident passive income paid to or derived by another person that is— “ (a) interest; or “ (b) a dividend treated as interest; or “ (c) a dividend to which section RE 9(2) of the Income Tax Act 2007 applies. “ (1B) The person must provide to the Commissioner, in the form prescribed by the Commissioner, the information that the Commissioner may require in relation to the RWT. ”