Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-1 - RETURNS AND ASSESSMENTS  

Division 155 - Assessments  

Subdivision 155-B - Amending assessments  

When Commissioner may amend assessments

SECTION 155-55   155-55   AMENDMENT TO GIVE EFFECT TO CERTAIN ANTI-AVOIDANCE DECLARATIONS  


The Commissioner may amend an assessment of an *assessable amount at any time, if:


(a) the Commissioner makes a declaration under subsection 165-45(3) of the * GST Act (about compensating adjustments for anti-avoidance declarations); or


(b) the Commissioner makes a declaration under subsection 75-45(3) of the Fuel Tax Act 2006 (about compensating adjustments for anti-avoidance declarations).


(c) (Repealed by No 96 of 2014)

The Commissioner may amend the assessment to give effect to the declaration.




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