Tax withholding amendment: proviso to section 196D(1) removed, changing withholding treatment of certain non resident investment income. The amendment deletes the proviso to sub section (1) of section 196D, thereby altering the withholding framework and the conditions governing withholding ... Summary
Tax withholding amendment: proviso to section 196D(1) removed, changing withholding treatment of certain non resident investment income.
The amendment deletes the proviso to sub section (1) of section 196D, thereby altering the withholding framework and the conditions governing withholding obligations under that subsection, with effect from the commencement date set by the Finance Act.
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