Taxation Administration Act 1953
SCHEDULE 1
-
COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
This Division applies to any payments received, or entitled to be received, for a *supply where the supply is specified in regulations made for the purpose of this section. 410-5(2)
A payment is entitled to be received if the obligation to make the payment is notified in an *invoice. 410-5(3)
Payments to which this Division applies are called Division 410 payments . 410-5(4)
Without limiting the ways in which the regulations may specify a *supply, the regulations may specify a supply by reference to:
(a) the goods or services supplied; or
(b) the supplier; or
(c) the purchaser.
Note: See section 3AA .
Chapter 5 - Administration
PART 5-30
-
PAYMENT, ABN AND IDENTIFICATION VERIFICATION SYSTEM
Division 410
-
Transaction reporting by suppliers
SECTION 410-5
PAYMENTS TO WHICH THIS DIVISION APPLIES
410-5(1)
This Division applies to any payments received, or entitled to be received, for a *supply where the supply is specified in regulations made for the purpose of this section. 410-5(2)
A payment is entitled to be received if the obligation to make the payment is notified in an *invoice. 410-5(3)
Payments to which this Division applies are called Division 410 payments . 410-5(4)
Without limiting the ways in which the regulations may specify a *supply, the regulations may specify a supply by reference to:
(a) the goods or services supplied; or
(b) the supplier; or
(c) the purchaser.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.