Taxation Administration Act 1953
PART IIB
-
RUNNING BALANCE ACCOUNTS, APPLICATION OF PAYMENTS AND CREDITS, AND RELATED MATTERS
An entity that, under subsection 33-10(2) of the A New Tax System (Goods and Services Tax) Act 1999 , is required to pay an assessed net amount for a tax period electronically must also electronically pay the Commissioner all of its other tax debts that are due to be paid during that period.
A large withholder that, under subsection 16-85(1) in Schedule 1 , is required to pay an amount electronically in a particular month must also electronically pay the Commissioner all of its other tax debts that are due to be paid during that month.
Division 4
-
Miscellaneous provisions about tax debts
SECTION 8AAZMA
ELECTRONIC PAYMENT OF TAX DEBTS
8AAZMA(1)
An entity that, under subsection 33-10(2) of the A New Tax System (Goods and Services Tax) Act 1999 , is required to pay an assessed net amount for a tax period electronically must also electronically pay the Commissioner all of its other tax debts that are due to be paid during that period.
8AAZMA(2)
A large withholder that, under subsection 16-85(1) in Schedule 1 , is required to pay an amount electronically in a particular month must also electronically pay the Commissioner all of its other tax debts that are due to be paid during that month.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.