Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003
Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003
Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003: revoked, on 1 April 2008, pursuant to section ZA 1(1) of the Income Tax Act 2007 (2007 No 97).
Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003
Reprint
as at 1 April 2008
Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003
(SR 2003/215)
Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003: revoked, on 1 April 2008, pursuant to section ZA 1(1) of the Income Tax Act 2007 (2007 No 97).
Note
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.
A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.
These regulations are administered in the Inland Revenue Department.
Pursuant to section NC 21 of the Income Tax Act 1994 and sections 224 and 225 of the Tax Administration Act 1994, Her Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.
Contents
1 Title
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(1) These regulations are the Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003.
(2) In these regulations, the Income Tax (Withholding Payments) Regulations 19791 are called the
“principal regulations”
.
2 Commencement
These regulations come into force on 8 September 2003.
3 New regulation inserted
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(1) The principal regulations are amended by inserting, after regulation 6, the following regulation:
“6AA Amounts of tax deductions in relation to television or,film productions or presentations
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“(1) The appropriate rate for payments for work done or services rendered within the class specified in clause 1A of Part B of the Schedule is the rate specified in that clause, even if the payment also falls within a class specified in any other clause of the Schedule.
“(2) This regulation does not apply if a special tax rate certificate has been issued under regulation 6A.”
(2) Subclause (1) applies to payments made on or after 8 September 2003.
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4 Schedule amended
The Schedule of the principal regulations is amended by inserting in Part B, before clause 1, the following clause:
1A Payments for work done or services rendered in relation to the production of television, video, or film productions or presentations, provided that (a) the work or services are of a nature that is commonly involved in the on-set and off-set pre-production, production, and post-production process; and (b) the payments are not specified payments to resident entertainers falling within the class specified in clause 4(a) of Part B; and (c) the payments are not specified payments to non-resident entertainers falling within the class specified in clause 4(b) of Part B; and (d) the payments are not contract payments to non-resident contractors falling within the class specified in Part E 20c per $1
5 Revocation
The Income Tax (Withholding Payments) Amendment Regulations 2003 (SR 2003/186) are revoked.
Marie Shroff
Clerk of the Executive Council.
Explanatory note
This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 8 September 2003, replace the Income Tax (Withholding Payments) Amendment Regulations 2003, which were made recently.
These regulations provide a new class of withholding payments for contractors in the television, video, or film industries. The rate of tax deduction is 20 cents per $1.
The new class does not apply to resident entertainers in the class in clause 4(a) of Part B, non-resident entertainers in the class in clause 4(b) of Part B, or non-resident contractors in the class in Part E.
The replaced regulations would unintentionally have applied the new class to those groups.
Issued under the authority of the Acts and Regulations Publication Act 1989.
Date of notification in Gazette: 4 September 2003.
Contents
1General
2About this eprint
3List of amendments incorporated in this eprint (most recent first)
Notes
1 General
This is an eprint of the Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003. It incorporates all the amendments to the Income Tax (Withholding Payments) Amendment Regulations (No 2) 2003 as at 1 April 2008. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 3 September 2007. Relevant provisions of any amending enactments that contain transitional, savings, or application provisions are also included, after the Principal enactment, in chronological order.
2 About this eprint
This eprint has not been officialised. For more information about officialisation, please see "Making online legislation official" under "Status of legislation on this site" in the About section of this website.
3 List of amendments incorporated in this eprint (most recent first)
1 SR 1979/259