Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 3 - Collection, recovery and administration of other taxes  

PART 3-20 - SUPERANNUATION  

Division 133 - Division 293 tax  

Subdivision 133-A - Deferral determination  

Operative provisions

SECTION 133-10   DETERMINATION OF TAX THAT IS DEFERRED TO A DEBT ACCOUNT  

133-10(1)    
The Commissioner must make a determination specifying the amount the Commissioner has ascertained as being the extent to which your * assessed Division 293 tax for an income year is * defined benefit tax attributable to a * superannuation interest.

Note 1:

For variation and revocation, see subsection 33(3) of the Acts Interpretation Act 1901 .

Note 2:

For general provisions, including review, see section 133-30 .


133-10(2)    
The amount of * assessed Division 293 tax specified in the determination is deferred to a debt account for the * superannuation interest.

133-10(3)    


However, the Commissioner must not make a determination under this section in relation to a *superannuation interest if, at the time the determination is to be made, the *end benefit for the superannuation interest has become payable.

133-10(4)    
Subsection (1) does not apply if the Commissioner ascertains that no part of your * assessed Division 293 tax for an income year is * defined benefit tax attributable to a * superannuation interest.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.