Part H
Taxation of certain entities
Agents
HD 17Agent paying premiums to residents of Switzerland
This section applies when—
- an insurer derives income under section CR 3 (Income of non-resident general insurer); and
- an agent of the insurer under section HD 16 pays the premium to an insurer or to some other person not carrying on a business in New Zealand through a fixed establishment in New Zealand; and
- the insurer or other person is treated as being resident in Switzerland for the purposes of a double tax agreement between the government of New Zealand and the government of Switzerland.
The agent must disclose details of the payment of the premium to the Commissioner in the manner, if any, required by the Commissioner.
Compare
- 2004 No 35 s FC 17