Subdivision 18‑A—Crediting withheld amounts

Subdivision 18‑A—Crediting withheld amounts

6 At the end of section 18‑10 in Schedule 1

Add:

(3) If an entity withholds an amount from a *withholding payment as required by section 12‑325 (natural resource payments), apply sections 18‑15, 18‑20 and 18‑25 to the payment as if the entity had withheld only so much of that amount as was withheld in respect of tax.

Note: Section 18‑49 provides a credit for amounts withheld in respect of MRRT.

7 Group heading before section 18‑65 in Schedule 1

Repeal the heading, substitute: