Commentary

E1.1207 Interaction with other legislation

Personal and employment tax

E1.1207 Interaction with other legislation

E1.1207 Interaction with other legislation

The SIPO provisions are subject to other provisions of the Tax Acts1, in particular the legislation relating to settlements which deem income to belong to a particular person and not to any other person2. The effect of such provisions is to cause income to be assessed on a person other than the recipient, for example a settlor; in such a case, the SIPO provisions:

  1.  

    •     do not apply at all if the income is deemed to be that of the individual whose earnings are the income in question, or

  2.  

    •     otherwise apply with a substitution

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