Section 12‑255 Interest payment derived by lende - Taxation Administration Act 1953 - 12‑255 Interest payment derived by lender in carrying on business through overseas permanent establishment — Zoe

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Taxation Administration Act 1953

12‑255 Interest payment derived by lende12‑255 Interest payment derived by lender in carrying on business through overseas permanent establishment

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#### 12‑255 Interest payment derived by lender in carrying on business through overseas permanent establishment An entity must withhold an amount from interest (within the meaning of Division 11A of Part III of the Income Tax Assessment Act 1936) it pays if it has been notified under section 12‑260 of this Act that this section applies to the interest. > Note: For limits on the amount to be withheld, see section 12‑300.

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