INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART VI - COLLECTION AND RECOVERY OF TAX Division 1C - Payment of instalments by companies and certain trustees
Subdivision D - Estimates of current year's tax SECTION 221AZO TAXPAYER MAY LODGE ESTIMATES OF CURRENT YEAR'S TAX 221AZO(1) [Number of estimates allowed]
A taxpayer is entitled to lodge with the Commissioner up to 2 estimates of the tax (if any) that the taxpayer will be liable to pay for the current year.221AZO(2) [Non-revocable]
An estimate cannot be revoked.