Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 2-5
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PAY AS YOU GO (PAYG) WITHHOLDING
Division 14
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Benefits, gains and taxable supplies for which amounts must be paid to the Commissioner
Subdivision 14-A
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Non-cash benefits
SECTION 14-1
14-1
OBJECT OF THIS SUBDIVISION
The object of this Subdivision is:
(a) to put entities that provide *non-cash benefits, and entities that receive them, in a position similar to their position under Division 12 if payments of money had been made instead of the non-cash benefits being provided; and
(b) in that way, to prevent entities from avoiding their obligations under Division 12 by providing non-cash benefits.
View history note
Hide history noteNote: See section 3AA .
Chapter 2 - Collection, recovery and administration of income taxThe object of this Subdivision is:
(a) to put entities that provide *non-cash benefits, and entities that receive them, in a position similar to their position under Division 12 if payments of money had been made instead of the non-cash benefits being provided; and
(b) in that way, to prevent entities from avoiding their obligations under Division 12 by providing non-cash benefits.
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