HD 4 Treatment of principals

Despite section HD 3,—


a principal remains liable for their tax obligations, and is not released from them merely through the existence of the agency; and


if the Commissioner agrees, the principal and the agent may decide that the principal is to undertake the duties set out in section HD 3(2).

Defined in this Act: agent, Commissioner, tax

Compare: 2004 No 35 s HK 3(1), (1A)