TAXATION ADMINISTRATION ACT 1953

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

Note: See section 3AA.

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 14 - Non-cash benefits, and accruing gains, for which amounts must be paid to the Commissioner  

Subdivision 14-A - 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.




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