TAXATION ADMINISTRATION ACT 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 12 - Payments from which amounts must be withheld  

Subdivision 12-H - Distributions of withholding MIT income  

Operative provisions

SECTION 12-420   AGENCY RULES  

12-420(1)  
This section applies to:


(a) a payment (the first payment ) made to an entity (the first entity ) in the capacity as *agent for another entity; and


(b) another payment made by the first entity to the extent that it is reasonably attributable to the first payment.

12-420(2)  
This Subdivision has effect as if the first entity were not an *agent in relation to the payments.

Note:

As a result of subsection (2), an agent may be required to withhold amounts under this Subdivision.




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