TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Payor must gross up payments when agreement makes them bear tax so recipient gets agreed net after withholding, section 192(1A) exception</h1> Where an agreement or arrangement provides that the payer will bear the tax on specified income, the amount subject to tax deduction must be grossed up: the taxable income is increased to the level which, after withholding tax at applicable rates for the financial year, results in the net payment agreed between the parties. This rule applies except as otherwise provided in the limited exception referencing sub-section (1A) of section 192.
TaxTMI 
TaxTMI 
