TAXATION ADMINISTRATION ACT 1953

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

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-25 - CHARGES AND PENALTIES  

Division 284 - Administrative penalties for statements, unarguable positions and schemes  

Subdivision 284-D - Provisions common to Subdivisions 284-B and 284-C  

SECTION 284-220   INCREASE IN BASE PENALTY AMOUNT  

284-220(1)  


The *base penalty amount is increased by 20% if:


(a) you took steps to prevent or obstruct the Commissioner from finding out about a *shortfall amount, or the false or misleading nature of a statement, in relation to which the base penalty amount was calculated; or


(b) you:


(i) became aware of such a shortfall amount after a statement had been made to the Commissioner about the relevant *tax-related liability; or

(ii) became aware of the false or misleading nature of a statement made to the Commissioner or another entity after the statement had been made;
and you did not tell the Commissioner or other entity about it within a reasonable time; or


(c) the base penalty amount was worked out using item 1, 2 or 3 of the table in subsection 284-90(1) and a base penalty amount for you was worked out under one of those items previously; or


(ca) the base penalty amount was worked out using item 3A, 3B or 3C of the table in subsection 284-90(1) and a base penalty amount for you was worked out under one of those items previously; or


(d) the base penalty amount was worked out using item 4, 5 or 6 of that table and a base penalty amount for you was worked out under that item previously; or


(e) your liability to a penalty arises under subsection 284-75(3) and you were previously liable to a penalty under that subsection.

284-220(2)  
The *base penalty amount for your *scheme shortfall amount, or for part of it, for an accounting period is increased by 20% if:


(a) you took steps to prevent or obstruct the Commissioner from finding out about the scheme shortfall amount or the part; or


(b) a base penalty amount for you was worked out under section 284-160 for a previous accounting period.


 

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