Miscellaneous Taxation Ruling
MT 2012/3A1 - Addendum
Administrative penalties: voluntary disclosures
Please note that the PDF version is the authorised version of this ruling.View the consolidated version for this notice.
This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Miscellaneous Taxation Ruling MT 2012/03 to take into account the commencement of the Minerals Resource Rent Tax (MRRT) from 1 July 2012 recognising that the shortfall penalty provisions contained in Division 284 of Schedule 1 to the Taxation Administration Act 1953 will apply to MRRT shortfalls.
MT 2012/3 is amended as follows:
Insert after the second dot point:
- minerals resource rent tax (MRRT) matters for the year commencing 1 July 2012 and later years; and
After '(GST),'; insert 'MRRT, petroleum resource rent tax,'.
This Addendum applies on and from 1 July 2012, the day of commencement of the MRRT.
Commissioner of Taxation
11 July 2012