Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 4-25
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CHARGES AND PENALTIES
Division 284
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Administrative penalties for statements, unarguable positions and schemes
Subdivision 284-B
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Penalties relating to statements
Guide to Subdivision 284-B
SECTION 284-70
WHAT THIS SUBDIVISION IS ABOUT
(a) you make a false or misleading statement about a tax-related matter; or
(b) you take a position that is not reasonably arguable about a tax-related matter; or
(c) the Commissioner determines a tax-related liability of yours without documents you were required to provide.
(d) (Repealed by No 75 of 2005)
View history note
Hide history noteNote: See section 3AA .
Chapter 4 - Generic assessment, collection and recovery rulesYou are liable to an administrative penalty if:
This Subdivision sets out when the penalties apply and how the amounts of the penalties are calculated.
| Operative provisions | |
| 284-75 | Liability to penalty |
| 284-80 | Shortfall amounts |
| 284-85 | Amount of penalty |
| 284-90 | Base penalty amount |
| 284-95 | Joint and several liability of directors of corporate trustee that makes a false or misleading statement |
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