Income Tax (Managed Investment Trust Withholding Tax) Amendment Act 2019 (35 of 2019)
Schedule 1 Amendments
Income Tax (Managed Investment Trust Withholding Tax) Act 2008
2 Paragraph 4(1)(a)
Repeal the paragraph, substitute:
(a) if the entity is a resident of an information exchange country:
(i) 15% for fund payments (except to the extent mentioned in subparagraph (ii) or (iii)); or
(ii) 10% for fund payments, to the extent that they are, or are attributable to, fund payments from a clean building managed investment trust (except to the extent mentioned in subparagraph (iii)); or
(iii) 30% for fund payments, to the extent that they are attributable to non-concessional MIT income; or
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