Withholding tax deduction entitlement revised: removal of entitlement to deduction under income tax provision, retrospective effect. Amendment removes the phrase linking a payee's entitlement to a deduction under a related income tax provision from the withholding tax subsection, ... Summary
Withholding tax deduction entitlement revised: removal of entitlement to deduction under income tax provision, retrospective effect.
Amendment removes the phrase linking a payee's entitlement to a deduction under a related income tax provision from the withholding tax subsection, effective retrospectively, thereby altering eligibility criteria and eliminating the statutory connection to the separate deduction mechanism.
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