Income Tax Act 2007 section 488

Application of section 479 to trustees of Schedule 2 share incentive plans

Section 488 sets out the circumstances in which the special trust tax rates under section 479 apply to income received by trustees of Schedule 2 share incentive plans, specifically dividends and distributions on qualifying shares.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.