Taxation Administration Act 1953
Note: See section 3AA .Chapter 2 - Collection, recovery and administration of income tax
An entity that must pay an amount to the Commissioner under:
(a) subsection 16-70(1) (about amounts withheld under Division 12 ); or
(aaa) Division 12A (about deemed payments by AMITs); or
(aa) Division 13 (about payments in respect of alienated personal services payments); or
(b) Subdivision 14-A , 14-B , 14-C or 14-D (about payments in respect of non-cash benefits or capital proceeds);
must apply to register with the Commissioner.
The entity must apply in the *approved form by the day on which the entity is first required:
(a) to withhold an amount under Division 12 ; or
(b) to pay an amount to the Commissioner under Division 12A or 13 or Subdivision 14-A , 14-B , 14-C or 14-D .
However, the Commissioner may allow a longer period for applying.
An entity that contravenes this section is liable to an administrative penalty of 5 penalty units.
See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.
Division 298 contains machinery provisions for administrative and civil penalties.
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.