89. Credit for non-final withholding tax

(1)

The withholdee of a payment that is not a final withholding payment shall be treated as having paid any tax –

(a)

withheld from the payment under this Division; or

(b)

paid with respect to the payment in accordance with subsection (3) or (4) of section 86.

(2)

A withholdee shall be entitled to a tax credit in an amount equal to the tax treated as paid under subsection (1)

for the year of assessment in which the payment is derived.

Division III: Tax Payable by Instalment

Part II