Part 5Miscellaneous income

Chapter 2Receipts from intellectual property

Payments received after deduction of tax

602Payments received after deduction of tax

Income tax deducted under either of the following sections from a payment of royalties or other income within this Chapter is treated as income tax paid by the recipient—

  • section 348(1) of ICTA (under which income tax may be deducted from some payments by the payer), and

  • section 349(1) of ICTA (under which income tax must be deducted from some payments by the payer).