Commentary on Sections Part 10: Miscellaneous income Overview Section 967: Statements relating to estate income
2441.This section enables a company to request statements relating to a deceased person’s estate. It is based on section 700(5) and (6) of ICTA.
2442.The last part of section 700(5) of ICTA that requires the statement to set out the matters in section 700(5)(a) to (b) separately for each part of estate income, in cases where different applicable rates apply, has not been rewritten. This requirement is considered unnecessary because the requirement to show amounts separately must occur in order for subsection (1)(b) of this section to be satisfied.