Tax Laws Amendment (Transfer of Provisions) Act 2010 (79 of 2010)
Schedule 1 Collection and recovery of tax
Part 1 Main amendments
Income Tax Assessment Act 1936
1 After section 169
169AA Consolidated assessments
(1) This section applies if 2 or more persons (the recipients ) are in receipt of income, or of profits or gains of a capital nature, for or on behalf of:
(a) a non-resident; or
(b) a person absent from Australia.
(2) The Commissioner may, if it appears to him or her to be expedient to do so:
(a) consolidate all or any of the assessments of the income, profits or gains; and
(b) declare one of the recipients to be the agent of the non-resident or absent person in respect of the consolidated assessment; and
(c) require the agent to pay income tax on the amount assessed.
(3) If the Commissioner does so, the agent is liable to pay the tax.