INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 3A - Collection of tax in respect of certain payments for work  

Subdivision B - Operative provisions  

SECTION 221YHDA   DEDUCTIONS WHERE NO PAYEE DECLARATION  

221YHDA(1)   Section applies where no payee declaration or reporting exemption number etc.  

This section applies if an eligible paying authority makes a prescribed payment to a payee and:

(a) no payee declaration made to the eligible paying authority by the payee is in force when the payment is made; and

(b) the eligible paying authority is not a householder in relation to the prescribed payment; and

(c) the payee has not quoted a reporting exemption number to the eligible paying authority before the payment is made, or has done so but the eligible paying authority reasonably believes the approval to quote it is not in force when the payment is made.

221YHDA(2)   Non-declaration percentage to be deducted.  

If this section applies, the eligible paying authority must deduct the non-declaration percentage of the payment. If working out that percentage of the payment results in an amount of dollars and cents, the cents are to be disregarded.

221YHDA(3)   Offence.  

An eligible paying authority, other than a government body, that contravenes this section is guilty of an offence punishable on conviction by a maximum fine of $1,000.