Commentary

A4.472 Evidence of deduction of tax

Administration and compliance

A4.472 Evidence of deduction of tax

A4.472 Evidence of deduction of tax

Where tax is deducted from a payment under ITA 2007, ss 850–910 (Pt 15, Chs 2–7), the payer must, if requested in writing, furnish the recipient with a certificate showing the gross amount of the payment, the tax deducted and the actual amount paid1. The recipient can enforce production of such a certificate2.

With effect from 1 September 2009, tax information provided by companies relating to their distributions to be delivered by electronic means where it relates to a payment of dividend or interest made into a bank account or building society account held by

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