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 - Benefits, gains and taxable supplies for which amounts must be paid to the Commissioner  

Subdivision 14-D - Capital proceeds involving foreign residents and taxable Australian property  

SECTION 14-230   ADMINISTRATIVE PENALTIES FOR FALSE OR MISLEADING DECLARATIONS  

Knowingly making false or misleading declarations

14-230(1)  
You are liable to pay the Commissioner a penalty of 120 penalty units if:


(a) you make a statement; and


(b) the statement is, or purports to be, a declaration under section 14-225 ; and


(c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and


(d) you know, at the time of making the statement, that it is so false or misleading.

Note:

Division 298 contains machinery provisions for administrative penalties.

Recklessly making false or misleading declarations

14-230(2)  
You are liable to pay the Commissioner a penalty of 80 penalty units if:


(a) you make a statement; and


(b) the statement is, or purports to be, a declaration under section 14-225 ; and


(c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and


(d) you were reckless in connection with the making of the statement.

Note:

Division 298 contains machinery provisions for administrative penalties.

Not taking reasonable care in making declarations

14-230(3)  
You are liable to pay the Commissioner a penalty of 40 penalty units if:


(a) you make a statement; and


(b) the statement is, or purports to be, a declaration under section 14-225 ; and


(c) the statement is false or misleading in a material particular, whether because of things in it or omitted from it; and


(d) you did not take reasonable care in connection with the making of the statement.

Note:

Division 298 contains machinery provisions for administrative penalties.




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