Taxation Administration Act 1953
Note: See section 3AA .Chapter 4 - Generic assessment, collection and recovery rules
You are liable to an administrative penalty if you attempt to reduce your tax-related liabilities or increase your credits through a scheme.
This Subdivision sets out when the penalties apply and how the amounts of the penalties are calculated.
|284-145||Liability to penalty|
|284-150||Scheme benefits and scheme shortfall amounts|
|284-155||Amount of penalty|
|284-160||Base penalty amount : schemes|
|284-165||Exception - threshold for penalty arising from cross-border transfer pricing|