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Taxation Administration Act 1953

Authoritative Version
  • - C2019C00056
  • In force - Superseded Version
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Act No. 1 of 1953 as amended, taking into account amendments up to Treasury Laws Amendment (Black Economy Taskforce Measures No. 2) Act 2018
An Act to provide for the administration of certain Acts relating to Taxation, and for purposes connected therewith
Administered by: Treasury
General Comments: This compilation is affected by retrospective amendments. Please see the Treasury Laws Amendment (2018 Measures No. 4) Act 2019 (Act No. 8, 2019) for details.

Sections 18-15, 18-20 and 18-25 of Schedule 1 of this Act have been modified by the operation of the Commissioner’s Remedial Power, click here to see the modification
Registered 21 Jan 2019
Start Date 01 Jan 2019
End Date 28 Feb 2019
Table of contents.

Commonwealth Coat of Arms of Australia

Taxation Administration Act 1953

No. 1, 1953

Compilation No. 159

Compilation date:                              1 January 2019

Includes amendments up to:            Act No. 141, 2018

Registered:                                         21 January 2019

This compilation is in 3 volumes

Volume 1:       sections 1–18

                        Schedule 1 (sections 6‑1 to 97‑35)

Volume 2:       Schedule 1 (sections 105‑1 to 990‑5)

Volume 3:       Endnotes

Each volume has its own contents

 

About this compilation

This compilation

This is a compilation of the Taxation Administration Act 1953 that shows the text of the law as amended and in force on 1 January 2019 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

  

  

  


Contents

Schedule 1—Collection and recovery of income tax and other liabilities               1

Chapter 3—Collection, recovery and administration of other taxes      1

Part 3‑10—Indirect taxes                                                                                           1

Division 105—General rules for indirect taxes                                                  1

Guide to Division 105                                                                                                1

105‑1..................... What this Division is about................................................. 1

Subdivision 105‑D—General interest charge and penalties                            2

105‑80................... General interest charge........................................................ 2

105‑85................... Amending Acts cannot impose penalties or general interest charge earlier than 28 days after Royal Assent............................................................................................ 3

Subdivision 105‑F—Indirect tax refund schemes                                              3

105‑120................. Refund scheme—defence related international obligations. 3

105‑125................. Refund scheme—international obligations.......................... 4

Subdivision 105‑G—Other administrative provisions                                     5

105‑145................. Commissioner must give things in writing......................... 5

Division 110—Goods and services tax                                                                  6

Guide to Division 110                                                                                                6

110‑1..................... What this Division is about................................................. 6

Subdivision 110‑F—Review of GST decisions                                                    6

110‑50................... Reviewable GST decisions................................................. 6

Division 111—Wine tax and luxury car tax                                                      11

Guide to Division 111                                                                                              11

111‑1..................... What this Division is about............................................... 11

Subdivision 111‑C—Review of wine tax decisions                                           11

111‑50................... Reviewable wine tax decisions......................................... 11

Subdivision 111‑D—Effect on contracts from amendments to laws           12

111‑60................... Alteration of contracts if cost of complying with agreement is affected by later alteration to wine tax or luxury car tax laws....................................................................... 12

Division 112—Fuel tax                                                                                           14

Guide to Division 112                                                                                              14

112‑1..................... What this Division is about............................................... 14

Subdivision 112‑E—Review of fuel tax decisions                                            14

112‑50................... Reviewable fuel tax decisions........................................... 14

Part 3‑15—Major bank levy                                                                                  16

Division 115General provisions relating to the major bank levy           16

115‑1..................... What this Division is about............................................... 16

115‑5..................... Returns............................................................................. 16

115‑10................... When major bank levy is due and payable........................ 17

Division 117—Anti‑avoidance                                                                              18

Guide to Division 117                                                                                              18

117‑1..................... What this Division is about............................................... 18

Subdivision 117‑A—Application of this Division                                             18

117‑5..................... Object of this Division...................................................... 18

117‑10................... Application of this Division.............................................. 19

117‑15................... Meaning of MBL benefit................................................... 19

117‑20................... Matters to be considered in determining purpose.............. 20

Subdivision 117‑B—Commissioner may negate effects of schemes for MBL benefits                20

117‑25................... Commissioner may negate entity’s MBL benefits............ 21

117‑30................... Determination has effect according to its terms................. 21

117‑35................... Commissioner may disregard scheme in making determinations             21

117‑40................... One determination may cover several quarters etc............ 22

117‑45................... Commissioner must give copy of determination to entity affected           22

117‑50................... Objections......................................................................... 22

Part 3‑20—Superannuation                                                                                    23

Division 131—Releasing money from superannuation                                  23

Subdivision 131‑A—Releasing money from superannuation                       23

Guide to Subdivision 131‑A                                                                                   23

131‑1..................... What this Subdivision is about......................................... 23

Requesting a release authority                                                                              24

131‑5..................... Requesting the release of amounts from superannuation interests            24

131‑10................... Restrictions on the total amount you can request to be released               26

Issuing a release authority to superannuation provider                                27

131‑15................... Issuing release authorities................................................. 27

131‑20................... Amount to be stated in a release authority......................... 28

131‑25................... Contents of a release authority.......................................... 29

131‑30................... Varying and revoking a release authority.......................... 29

Complying with a release authority                                                                    29

131‑35................... Obligations of superannuation providers.......................... 29

131‑40................... Voluntary compliance with a release authority relating to defined benefit interests  30

131‑45................... Meaning of maximum available release amount................ 30

131‑50................... Notifying Commissioner.................................................. 31

131‑55................... Notifying you................................................................... 31

131‑60................... Compensation for acquisition of property......................... 32

Consequences of releasing amounts                                                                    32

131‑65................... Entitlement to credits......................................................... 32

131‑70................... Interest for late payments of money received by the Commissioner in accordance with release authority.......................................................................................... 33

131‑75................... Income tax treatment of amounts released—proportioning rule does not apply       33

Division 133—Division 293 tax                                                                            34

Guide to Division 133                                                                                              34

133‑1..................... What this Division is about............................................... 34

Subdivision 133‑A—Deferral determination                                                    34

Guide to Subdivision 133‑A                                                                                   34

133‑5..................... What this Subdivision is about......................................... 34

Operative provisions                                                                                               35

133‑10................... Determination of tax that is deferred to a debt account..... 35

133‑15................... Defined benefit tax............................................................ 36

133‑20................... How to attribute the defined benefit tax to defined benefit interests         37

133‑25................... Determination reducing tax deferred to a debt account...... 37

133‑30................... General provisions applying to determinations under this Subdivision    37

Subdivision 133‑B—Debt account                                                                        38

Guide to Subdivision 133‑B                                                                                   38

133‑55................... What this Subdivision is about......................................... 38

Operative provisions                                                                                               39

133‑60................... Debt account to be kept for deferred tax........................... 39

133‑65................... Interest on debt account balance........................................ 39

133‑70................... Voluntary payments.......................................................... 40

133‑75................... Commissioner must notify superannuation provider of debt account       41

Subdivision 133‑C—Compulsory payment                                                       41

Guide to Subdivision 133‑C                                                                                   41

133‑100................. What this Subdivision is about......................................... 41

Debt account discharge liability                                                                           42

133‑105................. Liability to pay debt account discharge liability................. 42

133‑110................. When debt account discharge liability must be paid.......... 42

133‑115................. General interest charge...................................................... 42

133‑120................. Meaning of debt account discharge liability..................... 43

133‑125................. Notice of debt account discharge liability.......................... 44

End benefit        44

133‑130................. Meaning of end benefit..................................................... 44

133‑135................. Superannuation provider may request debt account status 45

133‑140................. End benefit notice—superannuation provider................... 46

133‑145................. End benefit notice—material changes or omissions.......... 47

Division 135—Releasing money from superannuation                                  48

Guide to Division 135                                                                                              48

135‑1..................... What this Division is about............................................... 48

Subdivision 135‑A—When the Commissioner must issue a release authority                48

Guide to Subdivision 135‑A                                                                                   48

135‑5..................... What this Subdivision is about......................................... 48

Operative provisions                                                                                               49

135‑10................... Release authorities............................................................ 49

Subdivision 135‑B—When a release authority can be given to a superannuation provider       50

Guide to Subdivision 135‑B                                                                                   50

135‑35................... What this Subdivision is about......................................... 50

Operative provisions                                                                                               51

135‑40................... When you may give release authority to superannuation provider           51

Subdivision 135‑C—Release of superannuation money under a release authority       51

Guide to Subdivision 135‑C                                                                                   51

135‑70................... What this Subdivision is about......................................... 51

Operative provisions                                                                                               52

135‑75................... Requirement for superannuation provider to release money 52

135‑80................... Compensation for acquisition of property......................... 53

135‑85................... Release amount................................................................. 53

135‑90................... How the Commissioner applies amounts received under a release authority            54

135‑95................... Defined benefit interests—releasing amounts to pay debt account discharge liability              54

135‑100................. Income tax treatment of amounts released—proportioning rule does not apply       54

Division 136—Transfer balance cap                                                                  55

Guide to Division 136                                                                                              55

136‑1..................... What this Division is about............................................... 55

Subdivision 136‑A—Excess transfer balance determinations                      55

Guide to Subdivision 136‑A                                                                                   55

136‑5..................... What this Subdivision is about......................................... 55

Operative provisions                                                                                               56

136‑10................... Excess transfer balance determination............................... 56

136‑15................... Review.............................................................................. 57

136‑20................... Electing to commute a different superannuation income stream               57

136‑25................... Notifying Commissioner of transfer balance debits.......... 58

Subdivision 136‑B—Commutation authorities                                                 59

Guide to Subdivision 136‑B                                                                                   59

136‑50................... What this Subdivision is about......................................... 59

Obligations of Commissioner                                                                               60

136‑55................... Issuing of commutation authorities................................... 60

136‑60................... Varying and revoking a commutation authority................ 61

136‑65................... Issuing further commutation authorities............................ 61

136‑70................... Notifying of non‑commutable excess transfer balance...... 62

Obligations of superannuation income stream providers                             63

136‑80................... Obligations on superannuation income stream providers.. 63

136‑85................... Notifying the Commissioner............................................. 64

136‑90................... Notifying you................................................................... 64

Division 138—First home super saver scheme                                                 65

Guide to Division 138                                                                                              65

138‑1..................... What this Division is about............................................... 65

Subdivision 138‑A—First home super saver determination                         65

Guide to Subdivision 138‑A                                                                                   65

138‑5..................... What this Subdivision is about......................................... 65

Operative provisions                                                                                               66

138‑10................... First home super saver determination............................... 66

138‑15................... Review.............................................................................. 67

Subdivision 138‑B—FHSS maximum release amount                                   67

Guide to Subdivision 138‑B                                                                                   67

138‑20................... What this Subdivision is about......................................... 67

Operative provisions                                                                                               68

138‑25................... FHSS maximum release amount....................................... 68

138‑30................... FHSS releasable contributions amount............................. 68

138‑35................... Eligible contributions........................................................ 69

138‑40................... Associated earnings.......................................................... 71

Part 3‑30—Diverted profits tax                                                                            72

Division 145—Assessments of diverted profits tax                                          72

Guide to Division 145                                                                                              72

145‑1..................... What this Division is about............................................... 72

145‑5..................... DPT assessments—modified application of Division 155 72

145‑10................... When DPT assessments can be made............................... 73

145‑15................... Period of review of DPT assessments.............................. 73

145‑20................... Review of assessments..................................................... 74

145‑25................... Restricted DPT evidence................................................... 75

Chapter 4—Generic assessment, collection and recovery rules               78

Part 4‑1—Returns and assessments                                                                    78

Division 155—Assessments                                                                                    78

Guide to Division 155                                                                                              78

155‑1..................... What this Division is about............................................... 78

Subdivision 155‑A—Making assessments                                                          78

155‑5..................... Commissioner may make assessment............................... 79

155‑10................... Commissioner must give notice of assessment................. 80

155‑15................... Self‑assessment................................................................ 80

155‑20................... Assessment of indirect tax on importations and customs dealing             82

155‑25................... Special assessment............................................................ 83

155‑30................... Delays in making assessments.......................................... 83

Subdivision 155‑B—Amending assessments                                                      84

When Commissioner may amend assessments                                                 84

155‑35................... Amendment during period of review................................ 84

155‑40................... Amendment during period of review—certain applications taken to be notices       86

155‑45................... Amendment on application............................................... 87

155‑50................... Amendment to give effect to private ruling....................... 87

155‑55................... Amendment to give effect to certain anti‑avoidance declarations              87

155‑60................... Amendment because of review, objection or fraud........... 88

Special rules about amending amended assessments                                      88

155‑65................... Amending amended assessments...................................... 88

155‑70................... Refreshed period of review............................................... 88

General rules    89

155‑75................... Refunds of amounts overpaid........................................... 89

155‑80................... Amended assessments are assessments............................ 89

Subdivision 155‑C—Validity and review of assessments                               90

155‑85................... Validity of assessment...................................................... 90

155‑90................... Review of assessments..................................................... 90

Subdivision 155‑D—Miscellaneous                                                                     90

155‑95................... Entities.............................................................................. 90

Part 4‑15—Collection and recovery of tax‑related liabilities and other amounts           92

Division 250—Introduction                                                                                   92

Subdivision 250‑A—Guide to Part 4‑15                                                             92

250‑1..................... What this Part is about...................................................... 92

250‑5..................... Some important concepts about tax‑related liabilities........ 92

250‑10................... Summary of tax‑related liabilities...................................... 93

Subdivision 250‑B—Object of this Part                                                            101

250‑25................... Object............................................................................. 101

Division 255—General rules about collection and recovery                      102

Subdivision 255‑A—Tax‑related liabilities                                                     102

255‑1..................... Meaning of tax‑related liability....................................... 102

255‑5..................... Recovering a tax‑related liability that is due and payable 102

Subdivision 255‑B—Commissioner’s power to vary payment time          103

255‑10................... To defer the payment time............................................... 103

255‑15................... To permit payments by instalments................................. 104

255‑20................... To bring forward the payment time in certain cases........ 104

Subdivision 255‑C—Recovery proceedings                                                    105

Guide to Subdivision 255‑C                                                                                 105

255‑35................... What this Subdivision is about....................................... 105

Operative provisions                                                                                             105

255‑40................... Service of documents if person absent from Australia or cannot be found              105

255‑45................... Evidentiary certificate...................................................... 106

255‑50................... Certain statements or averments...................................... 107

255‑55................... Evidence by affidavit...................................................... 108

Subdivision 255‑D—Security deposits                                                              108

255‑100................. Commissioner may require security deposit................... 108

255‑105................. Notice of requirement to give security............................ 109

255‑110................. Offence........................................................................... 110

Division 260—Special rules about collection and recovery                        111

Guide to Division 260                                                                                            111

260‑1..................... What this Division is about............................................. 111

Subdivision 260‑A—From third party                                                              111

260‑5..................... Commissioner may collect amounts from third party...... 112

260‑10................... Notice to Commonwealth, State or Territory.................. 113

260‑15................... Indemnity........................................................................ 114

260‑20................... Offence........................................................................... 114

Subdivision 260‑B—From liquidator                                                               114

260‑40................... Subdivision does not apply to superannuation guarantee charge              115

260‑45................... Liquidator’s obligation.................................................... 115

260‑50................... Offence........................................................................... 116

260‑55................... Joint liability of 2 or more liquidators............................. 116

260‑60................... Liquidator’s other obligation or liability.......................... 117

Subdivision 260‑C—From receiver                                                                   117

260‑75................... Receiver’s obligation...................................................... 117

260‑80................... Offence........................................................................... 118

260‑85................... Joint liability of 2 or more receivers................................ 119

260‑90................... Receiver’s other obligation or liability............................ 119

Subdivision 260‑D—From agent winding up business for foreign resident principal  119

260‑105................. Obligation of agent winding up business for foreign resident principal   119

260‑110................. Offence........................................................................... 120

260‑115................. Joint liability of 2 or more agents.................................... 120

260‑120................. Agent’s other obligation or liability................................ 121

Subdivision 260‑E—From deceased person’s estate                                     121

260‑140................. Administered estate......................................................... 121

260‑145................. Unadministered estate..................................................... 122

260‑150................. Commissioner may authorise amount to be recovered.... 123

Division 263—Mutual assistance in collection of foreign tax debts          124

Subdivision 263‑A—Foreign revenue claims                                                  124

Guide to Subdivision 263‑A                                                                                 124

263‑5..................... What this Subdivision is about....................................... 124

Operative provisions                                                                                             125

263‑10................... Meaning of foreign revenue claim.................................. 125

263‑15................... Requirements for foreign revenue claims........................ 125

263‑20................... Foreign Revenue Claims Register................................... 126

263‑25................... Registering claims........................................................... 126

263‑30................... When amount is due and payable.................................... 126

263‑35................... Amending the Register etc.............................................. 127

263‑40................... Payment to competent authority...................................... 128

Division 265—Other matters                                                                              129

Subdivision 265‑A—Right of person to seek recovery or contribution    129

Guide to Subdivision 265‑A                                                                                 129

265‑35................... What this Subdivision is about....................................... 129

Operative provisions                                                                                             129

265‑40................... Right of recovery if another person is liable................... 129

265‑45................... Right of contribution if persons are jointly liable............ 130

Subdivision 265‑B—Application of laws                                                          130

265‑65................... Non‑application of certain taxation laws......................... 130

Division 268—Estimates and recovery of PAYG withholding liabilities and superannuation guarantee charge                                                                                                       131

Guide to Division 268                                                                                            131

268‑1..................... What this Division is about............................................. 131

Subdivision 268‑A—Object                                                                                  132

268‑5..................... Object of Division.......................................................... 132

Subdivision 268‑B—Making estimates                                                             132

268‑10................... Commissioner may make estimate.................................. 132

268‑15................... Notice of estimate........................................................... 134

Subdivision 268‑C—Liability to pay estimates                                              134

268‑20................... Nature of liability to pay estimate.................................... 135

268‑25................... Accuracy of estimate irrelevant to liability to pay............ 136

268‑30................... Estimate provable in bankruptcy or winding up.............. 136

Subdivision 268‑D—Reducing and revoking estimates                                137

268‑35................... How estimate may be reduced or revoked—Commissioner’s powers     137

268‑40................... How estimate may be reduced or revoked—statutory declaration or affidavit          139

268‑45................... How estimate may be reduced or revoked—rejection of proof of debt    141

268‑50................... How estimate may be reduced—amount paid or applied 143

268‑55................... When reduction or revocation takes effect...................... 143

268‑60................... Consequences of reduction or revocation—refund......... 144

268‑65................... Consequences of reduction or revocation—statutory demand changed or set aside 144

268‑70................... Consequences of reduction or revocation—underlying liability               145

Subdivision 268‑E—Late payment of estimates                                             145

268‑75................... Liability to pay the general interest charge...................... 145

268‑80................... Effect of paying the general interest charge..................... 146

Subdivision 268‑F—Miscellaneous                                                                    147

268‑85................... Effect of judgment on liability on which it is based........ 147

268‑90................... Requirements for statutory declaration or affidavit......... 148

268‑95................... Liquidators, receivers and trustees in bankruptcy........... 151

268‑100................. Division not to limit or exclude Corporations or Bankruptcy Act            152

Division 269—Penalties for directors of non‑complying companies       153

Guide to Division 269                                                                                            153

269‑1..................... What this Division is about............................................. 153

Subdivision 269‑A—Object and scope                                                              154

269‑5..................... Object of Division.......................................................... 154

269‑10................... Scope of Division........................................................... 154

Subdivision 269‑B—Obligations and penalties                                              156

269‑15................... Directors’ obligations..................................................... 156

269‑20................... Penalty............................................................................ 157

269‑25................... Notice............................................................................. 158

269‑30................... Effect on penalty of directors’ obligation ending before end of notice period          159

269‑35................... Defences......................................................................... 162

Subdivision 269‑C—Discharging liabilities                                                    164

269‑40................... Effect of director paying penalty or company discharging liability           164

269‑45................... Directors’ rights of indemnity and contribution.............. 165

Subdivision 269‑D—Miscellaneous                                                                   165

269‑50................... How notice may be given............................................... 166

269‑52................... Copies of notices............................................................ 166

269‑55................... Division not to limit or exclude Corporations Act.......... 166

Part 4‑25—Charges and penalties                                                                     167

Division 280—Shortfall interest charge                                                           167

Guide to Division 280                                                                                            167

280‑1..................... Guide to Division 280.................................................... 167

Subdivision 280‑A—Object of Division                                                            167

280‑50................... Object of Division.......................................................... 167

Subdivision 280‑B—Shortfall interest charge                                                168

280‑100................. Liability to shortfall interest charge—income tax............ 168

280‑101................. Liability to shortfall interest charge—excess exploration credit tax          170

280‑102................. Liability to shortfall interest charge—petroleum resource rent tax            170

280‑102A.............. Liability to shortfall interest charge—excess non‑concessional contributions tax    171

280‑102B.............. Liability to shortfall interest charge—Division 293 tax... 172

280‑102C.............. Liability to shortfall interest charge—diverted profits tax 174

280‑103................. Liability to shortfall interest charge—general.................. 175

280‑105................. Amount of shortfall interest charge................................. 175

280‑110................. Notification by Commissioner........................................ 176

Subdivision 280‑C—Remitting shortfall interest charge                             176

280‑160................. Remitting shortfall interest charge................................... 176

280‑165................. Commissioner must give reasons for not remitting in certain cases         177

280‑170................. Objecting against remission decision.............................. 177

Division 284—Administrative penalties for statements, unarguable positions and schemes      178

Guide to Division 284                                                                                            178

284‑5..................... What this Division is about............................................. 178

Subdivision 284‑A—General provisions                                                          178

284‑10................... Object of Division.......................................................... 179

284‑15................... When a matter is reasonably arguable........................... 179

284‑20................... Which statements this Division applies to....................... 180

284‑25................... Statements by agents....................................................... 180

284‑30................... Application of Division to trusts..................................... 180

284‑35................... Application of Division to partnerships.......................... 180

Subdivision 284‑B—Penalties relating to statements                                    181

Guide to Subdivision 284‑B                                                                                 181

284‑70................... What this Subdivision is about....................................... 181

Operative provisions                                                                                             182

284‑75................... Liability to penalty.......................................................... 182

284‑80................... Shortfall amounts........................................................... 185

284‑85................... Amount of penalty.......................................................... 187

284‑90................... Base penalty amount....................................................... 188

284‑95................... Joint and several liability of directors of corporate trustee that makes a false or misleading statement     192

Subdivision 284‑C—Penalties relating to schemes                                        192

Guide to Subdivision 284‑C                                                                                 192

284‑140................. What this Subdivision is about....................................... 192

Operative provisions                                                                                             193

284‑145................. Liability to penalty.......................................................... 193

284‑150................. Scheme benefits and scheme shortfall amounts.............. 195

284‑155................. Amount of penalty.......................................................... 197

284‑160................. Base penalty amount: schemes....................................... 198

284‑165................. Exception—threshold for penalty arising from cross‑border transfer pricing          199

Subdivision 284‑D—Provisions common to Subdivisions 284‑B and 284‑C 200

284‑220................. Increase in base penalty amount...................................... 200

284‑224................. Reduction of base penalty amount if law was applied in an accepted way               201

284‑225................. Reduction of base penalty amount if you voluntarily tell the Commissioner            202

Subdivision 284‑E—Special rules about unarguable positions for cross‑border transfer pricing           203

284‑250................. Undocumented transfer pricing treatment not reasonably arguable          204

284‑255................. Documentation requirements.......................................... 204

Division 286—Penalties for failing to lodge documents on time               206

Subdivision 286‑A—Guide to Division 286                                                     206

286‑1..................... What this Division is about............................................. 206

Subdivision 286‑B—Object of Division                                                            206

286‑25................... Object of Division.......................................................... 206

Subdivision 286‑C—Penalties for failing to lodge documents on time    207

286‑75................... Liability to penalty.......................................................... 207

286‑80................... Amount of penalty.......................................................... 209

Division 288—Miscellaneous administrative penalties                                213

288‑10................... Penalty for non‑electronic notification............................ 213

288‑20................... Penalty for non‑electronic payment................................. 214

288‑25................... Penalty for failure to keep or retain records.................... 214

288‑30................... Penalty for failure to retain or produce declarations........ 215

288‑35................... Penalty for preventing access etc.................................... 215

288‑40................... Penalty for failing to register or cancel registration......... 216

288‑45................... Penalty for failing to issue tax invoice etc....................... 216

288‑46................... Penalty for failing to ensure tax information about supplies of low value goods is included in customs documents....................................................................... 216

288‑50................... Penalty for both principal and agent issuing certain documents               217

288‑70................... Administrative penalties for life insurance companies.... 217

288‑75................... Administrative penalty for a copyright or resale royalty collecting society               219

288‑80................... Administrative penalty for over declaring conduit foreign income           219

288‑85................... Failure by Reporting Financial Institution to obtain self‑certification       220

288‑95................... Failing to comply etc. with release authority................... 221

288‑100................. Excess money paid under release authority..................... 222

288‑105................. Superannuation provider to calculate crystallised pre‑July 83 amount of superannuation interest by 30 June 2008................................................................................ 222

288‑110................. Contravention of superannuation data and payment regulation or standard              223

288‑115................. AMIT under or over resulting from intentional disregard of or recklessness as to taxation law              224

288‑120................. Prohibited offsets of liabilities using interest etc. accrued on farm management deposits        226

288‑125................. Producing or supplying electronic sales suppression tools 227

288‑130................. Possessing electronic sales suppression tools................. 227

288‑135................. Incorrectly keeping records using electronic sales suppression tools       228

Division 290—Promotion and implementation of schemes                        229

Subdivision 290‑A—Preliminary                                                                       229

290‑5..................... Objects of this Division.................................................. 229

290‑10................... Extra‑territorial application.............................................. 229

Subdivision 290‑B—Civil penalties                                                                   229

290‑50................... Civil penalties................................................................. 230

290‑55................... Exceptions...................................................................... 232

290‑60................... Meaning of promoter..................................................... 234

290‑65................... Meaning of tax exploitation scheme................................ 234

Subdivision 290‑C—Injunctions                                                                         235

290‑120................. Conduct to which this Subdivision applies..................... 236

290‑125................. Injunctions...................................................................... 236

290‑130................. Interim injunctions.......................................................... 236

290‑135................. Delay in making ruling................................................... 236

290‑140................. Discharge etc. of injunctions........................................... 237

290‑145................. Certain limits on granting injunctions not to apply.......... 237

290‑150................. Other powers of the Federal Court unaffected................ 238

Subdivision 290‑D—Voluntary undertakings                                                 238

290‑200................. Voluntary undertakings.................................................. 238

Division 295—Miscellaneous civil penalties                                                   239

Subdivision 295‑B—Civil penalty for possession of tobacco without relevant documentation 239

Guide to Subdivision 295‑B                                                                                 239

295‑70................... What this Subdivision is about....................................... 239

295‑75................... Possession of tobacco without relevant documentation etc. 240

295‑80................... Things treated as tobacco................................................ 242

Division 298—Machinery provisions for penalties                                       243

Subdivision 298‑A—Administrative penalties                                                243

298‑5..................... Scope of Subdivision...................................................... 243

298‑10................... Notification of liability.................................................... 243

298‑15................... Due date for penalty........................................................ 244

298‑20................... Remission of penalty...................................................... 244

298‑25................... General interest charge on unpaid penalty....................... 244

298‑30................... Assessment of penalties under Division 284 or section 288‑115             245

Subdivision 298‑B—Civil penalties                                                                   245

298‑80................... Application of Subdivision............................................. 245

298‑85................... Civil evidence and procedure rules for civil penalty orders 246

298‑90................... Civil proceedings after criminal proceedings.................. 246

298‑95................... Criminal proceedings during civil proceedings............... 246

298‑100................. Criminal proceedings after civil proceedings.................. 246

298‑105................. Evidence given in proceedings for penalty not admissible in criminal proceedings  247

298‑110................. Civil double jeopardy...................................................... 247

Part 4‑30—Offences and prosecutions                                                            248

Division 308—Offences relating to tobacco                                                    248

Guide to Division 308                                                                                            248

308‑1..................... What this Division is about............................................. 248

Subdivision 308‑A—Reasonable suspicion offences relating to tobacco 248

Guide to Subdivision 308‑A                                                                                 248

308‑5..................... What this Subdivision is about....................................... 248

308‑10................... Possession of tobacco (500 kilograms or above)—reasonable suspicion offence    249

308‑15................... Possession of tobacco (100 kilograms or above)—reasonable suspicion offence    252

308‑20................... Possession of tobacco (5 kg or above)—reasonable suspicion offence   255

308‑25................... Sale of tobacco (500 kilograms or above)—reasonable suspicion offence               257

308‑30................... Sale of tobacco (100 kilograms or above)—reasonable suspicion offence               260

308‑35................... Sale of tobacco (5 kg or above)—reasonable suspicion offence              262

308‑40................... Buying of tobacco (500 kilograms or above)—reasonable suspicion offence          265

308‑45................... Buying of tobacco (100 kilograms or above)—reasonable suspicion offence          268

308‑50................... Buying of tobacco (5 kg or above)—reasonable suspicion offence         270

308‑55................... Matters taken to satisfy “reasonable to suspect” requirement 273

Subdivision 308‑B—Fault‑based offences of possession, production and manufacture              275

Guide to Subdivision 308‑B                                                                                 275

308‑105................. What this Subdivision is about....................................... 275

308‑110................. Possession of tobacco (500 kg or above)—fault‑based offence               276

308‑115................. Possession of tobacco (100 kg or above)—fault‑based offence               278

308‑120................. Possession of tobacco (5 kg or above)—fault‑based offence.. 281

308‑125................. Manufacture or production of tobacco (500 kg or above)—fault‑based offence      283

308‑130................. Manufacture or production of tobacco (100 kg or above)—fault‑based offence      285

308‑135................. Manufacture or production of tobacco (5 kg or above)—fault‑based offence          287

Subdivision 308‑C—Offences relating to equipment relating to the manufacture or production of tobacco        290

Guide to Subdivision 308‑C                                                                                 290

308‑200................. What this Subdivision is about....................................... 290

308‑205................. Possession of equipment for use in illegal manufacture or production of tobacco   290

308‑210................. Possession of equipment designed or adapted to manufacture or produce tobacco  291

Subdivision 308‑E—Other provisions                                                              292

Guide to Subdivision 308‑E                                                                                 292

308‑500................. What this Subdivision is about....................................... 292

308‑505................. Things treated as tobacco................................................ 293

308‑510................. Matters treated as possession.......................................... 293

308‑515................. Where excise duty or customs duty is treated as not payable for the purpose of the reasonable suspicion offences.......................................................................... 293

308‑520................. Section 8ZD does not apply to this Division.................. 294

Part 4‑50—Release from particular liabilities                                            295

Division 340Commissioner’s power in cases of hardship                        295

Guide to Division 340                                                                                            295

340‑1..................... What this Division is about............................................. 295

Operative provisions                                                                                             295

340‑5..................... Release from particular liabilities in cases of serious hardship 295

340‑10................... Liabilities to which this section applies........................... 297

340‑15................... Commissioner may take action to give effect to a release decision           298

340‑20................... Extinguishing your liability to pay a fringe benefits tax instalment if you are released             299

340‑25................... Extinguishing your liability to pay a PAYG instalment if you are released              299

Division 342Commissioner’s power relating to proceeds of crime proceedings       301

Guide to Division 342                                                                                            301

342‑1..................... What this Division is about............................................. 301

Subdivision 342‑A—Power to waive right to payment of tax‑related liabilities            301

342‑5..................... Object of this Subdivision.............................................. 301

342‑10................... Power to waive right to payment of tax‑related liability.. 302

Part 4‑90—Evidence                                                                                                 304

Division 350—Evidence                                                                                       304

Guide to Division 350                                                                                            304

350‑1..................... What this Division is about............................................. 304

Subdivision 350‑A—Evidence                                                                             304

350‑5..................... Application of Subdivision............................................. 304

350‑10................... Evidence......................................................................... 304

350‑15................... Judicial notice of signature.............................................. 307

Chapter 5—Administration                                                                                         308

Part 5‑1—The Australian Taxation Office                                                   308

Division 352—Commissioner’s reporting obligations                                 308

Guide to Division 352                                                                                            308

352‑1..................... What this Division is about............................................. 308

Subdivision 352‑A—Accountability of the Commissioner in respect of indirect tax laws           308

352‑5..................... Commissioner must prepare annual report on indirect tax laws               308

Subdivision 352‑C—Reporting on working holiday makers                      309

352‑25................... Commissioner must prepare annual report on working holiday makers   309

Division 353—Powers to obtain information and evidence                        310

353‑10................... Commissioner’s power................................................... 310

353‑15................... Access to premises, documents etc................................. 310

353‑20................... Checking status of specifically listed deductible gift recipients                311

Division 354—Power to obtain information about rights or interests in property       314

354‑5..................... Power to obtain information about rights or interests in property            314

Division 355—Confidentiality of taxpayer information                             316

Guide to Division 355                                                                                            316

355‑1..................... What this Division is about............................................. 316

Subdivision 355‑A—Objects and application of Division                            317

355‑10................... Objects of Division......................................................... 317

355‑15................... Application of Division.................................................. 317

Subdivision 355‑B—Disclosure of protected information by taxation officers             318

Guide to Subdivision 355‑B                                                                                 318

355‑20................... What this Subdivision is about....................................... 318

Operative provisions                                                                                             318

355‑25................... Offence—disclosure of protected information by taxation officers          318

355‑30................... Meaning of protected information and taxation officer... 320

355‑35................... Consent is not a defence................................................. 320

355‑40................... Generality of Subdivision not limited............................. 320

355‑45................... Exception—disclosure of publicly available information 321

355‑47................... Exception—disclosure of periodic aggregate tax information  321

355‑50................... Exception—disclosure in performing duties................... 321

355‑55................... Exception—disclosure to Ministers................................ 323

355‑60................... Limits on disclosure to Ministers.................................... 326

355‑65................... Exception—disclosure for other government purposes.. 326

355‑70................... Exception—disclosure for law enforcement and related purposes           340

355‑75................... Limits on disclosure to courts and tribunals.................... 346

Subdivision 355‑C—On‑disclosure of protected information by other people               346

Guide to Subdivision 355‑C                                                                                 346

355‑150................. What this Subdivision is about....................................... 346

Operative provisions                                                                                             347

355‑155................. Offence—on‑disclosure of protected information by other people           347

355‑160................. Consent is not a defence................................................. 348

355‑165................. Generality of Subdivision not limited............................. 348

355‑170................. Exception—on‑disclosure of publicly available information 348

355‑172................. Exception—disclosure of periodic aggregate tax information  348

355‑175................. Exception—on‑disclosure for original purpose.............. 349

355‑180................. Exception—on‑disclosure to Ministers in relation to statutory powers or functions                350

355‑182................. Exception—on‑disclosure of certain information to Commonwealth Ombudsman  350

355‑185................. Exception—on‑disclosure in relation to IGIS................. 351

355‑190................. Exception—on‑disclosure in relation to ASIO............... 352

355‑195................. Exception—on‑disclosure by Royal Commissions......... 353

355‑200................. Exception—records made in compliance with Australian laws                354

355‑205................. Limits on on‑disclosure to courts or tribunals................. 354

355‑210................. Limits on on‑disclosure to Ministers.............................. 354

Subdivision 355‑D—Disclosure of protected information that has been unlawfully acquired   355

Guide to Subdivision 355‑D                                                                                 355

355‑260................. What this Subdivision is about....................................... 355

Operative provisions                                                                                             356

355‑265................. Offence—disclosure of protected information acquired in breach of a taxation law 356

355‑270................. Exception—disclosure of publicly available information 356

355‑275................. Exception—disclosure in relation to a taxation law......... 356

355‑280................. Limits on disclosure to courts and tribunals.................... 357

Subdivision 355‑E—Other matters                                                                    357

Guide to Subdivision 355‑E                                                                                 357

355‑320................. What this Subdivision is about....................................... 357

Operative provisions                                                                                             358

355‑325................. Oath or affirmation to protect information...................... 358

355‑330................. Injunctions to prevent contravention of non‑disclosure provisions          358

355‑335................. Procedures for disclosing protected information............. 360

Division 356—General administration of tax laws                                       362

Guide to Division 356                                                                                            363

356‑1..................... What this Division is about............................................. 362

Subdivision 356‑A—Indirect tax laws                                                               362

356‑5..................... Commissioner has general administration of indirect tax laws 362

Subdivision 356‑B—Major bank levy                                                               362

356‑10................... Commissioner has general administration of major bank levy 362

Part 5‑5—Rulings                                                                                                       363

Division 357—Object and common rules                                                         363

Guide to Division 357                                                                                            364

357‑1..................... What this Division is about............................................. 363

Subdivision 357‑A—Object of this Part                                                            363

357‑5..................... Object of this Part........................................................... 364

Subdivision 357‑B—Common rules for rulings                                             365

Rules for all rulings                                                                                               365

357‑50................... Scope of Division........................................................... 365

357‑55................... The provisions that are relevant for rulings..................... 366

357‑60................... When rulings are binding on the Commissioner............. 366

357‑65................... Stopping relying on a ruling........................................... 369

357‑70................... Commissioner may apply the law if more favourable than the ruling       370

357‑75................... Inconsistent rulings......................................................... 370

357‑80................... Contracts for schemes..................................................... 372

357‑85................... Effect on ruling if relevant provision re‑enacted............. 372

357‑90................... Validity of ruling not affected by formal defect.............. 372

Common rules for public and private rulings                                                373

357‑95................... Electronic communications............................................. 373

357‑100................. Evidence......................................................................... 373

Common rules for private and oral rulings                                                    373

357‑105................. Further information must be sought................................ 373

357‑110................. Assumptions in making private or oral ruling................. 374

357‑115................. Additional information provided by applicant................. 374

357‑120................. Commissioner may take into account information from third parties       374

357‑125................. Applications and objections not to affect obligations and powers            375

Division 358—Public rulings                                                                              376

Guide to Division 358                                                                                            377

358‑1..................... What this Division is about............................................. 376

Making public rulings                                                                                           376

358‑5..................... What is a public ruling?.................................................. 376

358‑10................... Application of public rulings.......................................... 377

358‑15................... When a public ruling ceases to apply.............................. 377

Withdrawing public rulings                                                                                 378

358‑20................... Withdrawing public rulings............................................ 378

Division 359—Private rulings                                                                            379

Guide to Division 359                                                                                            380

359‑1..................... What this Division is about............................................. 379

Private rulings 380

359‑5..................... Private rulings................................................................. 380

359‑10................... Applying for a private ruling.......................................... 380

359‑15................... Private rulings to be given to applicants.......................... 380

359‑20................... Private rulings must contain certain details..................... 380

359‑25................... Time of application of private rulings............................. 381

359‑30................... Ruling for trustee of a trust............................................. 381

359‑35................... Dealing with applications................................................ 382

359‑40................... Valuations....................................................................... 382

359‑45................... Related rulings................................................................ 383

359‑50................... Delays in making private rulings.................................... 384

359‑55................... Revised private rulings................................................... 385

359‑60................... Objections, reviews and appeals relating to private rulings 386

359‑65................... Commissioner may consider new information on objection 387

359‑70................... Successful objection decision alters ruling...................... 387

Division 360—Oral rulings                                                                                 388

Guide to Division 360                                                                                            389

360‑1..................... What this Division is about............................................. 388

Oral rulings      388

360‑5..................... Applying for and making of oral rulings........................ 388

360‑10................... Withdrawing an application for an oral ruling................. 390

360‑15................... Commissioner determinations......................................... 390

Division 361—Non‑ruling advice and general administrative practice  391

361‑5..................... Non‑ruling advice and general administrative practice.... 391

Division 362—Rulings by Innovation and Science Australia that activities are not ineligible activities                392

Guide to Division 362                                                                                            393

362‑1..................... What this Division is about............................................. 392

Public rulings by Innovation and Science Australia                                     393

362‑5..................... Innovation and Science Australia may make public rulings on a specified class of activities   393

362‑10................... Application of public rulings.......................................... 394

362‑15................... When a public ruling ceases to apply.............................. 394

362‑20................... Withdrawing public rulings............................................ 394

Private rulings by Innovation and Science Australia                                   394

362‑25................... Innovation and Science Australia may make private rulings on a specified activity 394

362‑30................... Applying for a private ruling.......................................... 395

362‑35................... Innovation and Science Australia must give notice of its decision           395

362‑40................... Private rulings must contain certain details..................... 396

362‑45................... Application of private rulings......................................... 396

362‑50................... Delays in making private rulings.................................... 396

362‑55................... When a private ruling ceases to apply............................. 398

362‑60................... Withdrawing private rulings........................................... 398

General provisions                                                                                                 398

362‑65................... When rulings are binding on the Commissioner and Innovation and Science Australia           398

362‑70................... Application of common rules under Subdivision 357‑B. 399

362‑75................... Application of Divisions 358 and 359............................ 399

Part 5‑10—Commissioner’s remedial power                                               400

Division 370—Commissioner’s remedial power                                            400

Guide to Division 370                                                                                            401

370‑1..................... What this Division is about............................................. 400

Subdivision 370‑A—Commissioner’s remedial power                                 401

370‑5..................... Commissioner’s remedial power.................................... 401

370‑10................... Intended purpose or object.............................................. 402

370‑15................... Repeal of determinations................................................. 403

370‑20................... Commencement of determinations.................................. 403

Part 5‑25—Record‑keeping and other obligations relating to taxpayers            404

Division 382—Record‑keeping                                                                           404

Guide to Division 382                                                                                            405

382‑1..................... What this Division is about............................................. 404

Subdivision 382‑A—Keeping records of indirect tax transactions           404

382‑5..................... Keeping records of indirect tax transactions.................... 404

Subdivision 382‑B—Record keeping obligations of deductible gift recipients               408

382‑15................... Deductible gift recipients to keep records....................... 408

Division 388—Requirements about giving material to the Commissioner 410

Subdivision 388‑A—Object of Division                                                            410

388‑5..................... Object of Division.......................................................... 410

Subdivision 388‑B—General provisions                                                          410

388‑50................... Approved forms............................................................. 410

388‑52................... Saturdays, Sundays and public holidays......................... 411

388‑55................... Commissioner may defer time for lodgment................... 411

388‑60................... Declaration by entity....................................................... 412

388‑65................... Declaration by entity where agent gives document......... 412

388‑70................... Declaration by agent....................................................... 413

388‑75................... Signing declarations........................................................ 413

388‑80................... Electronic notification of BAS amounts.......................... 414

388‑85................... Truncating amounts........................................................ 414

Division 389—Reporting by employers                                                           415

Guide to Division 389                                                                                            416

389‑1..................... What this Division is about............................................. 415

389‑5..................... Required reporting by substantial employers.................. 415

389‑10................... Exemptions..................................................................... 418

389‑15................... Voluntary reporting by employers.................................. 419

389‑20................... Effect on reporting requirements under Subdivision 16‑C 420

389‑25................... Grace periods for correcting false or misleading notifications  421

Division 390Superannuation reporting                                                        423

Guide to Division 390                                                                                            424

390‑1..................... What this Division is about............................................. 423

Subdivision 390‑A—Member information statements and roll‑over superannuation benefit statements               423

390‑5..................... Member information statements...................................... 423

390‑10................... Statements about roll‑over superannuation benefits etc... 426

390‑12................... Statements about benefits paid to KiwiSaver schemes.... 428

390‑15................... Superannuation statements to members.......................... 429

390‑20................... Statements relating to holders of certain life insurance policies                430

Subdivision 390‑BStatements relating to release authorities                 431

390‑65................... Statements relating to release authorities......................... 431

Subdivision 390‑COther statements                                                              433

390‑115................. Change or omission in information given to the Commissioner               433

Division 392—Employee share scheme reporting                                         434

Guide to Division 392                                                                                            435

392‑1..................... What this Division is about............................................. 434

Subdivision 392‑A—Statements                                                                          434

392‑5..................... Statements by providers.................................................. 434

392‑10................... Change or omission in information given to the Commissioner               437

Subdivision 392‑B—Miscellaneous                                                                   438

392‑15................... Application of certain provisions of Division 83A of the Income Tax Assessment Act 1997  438

Division 393—Reports by investment bodies                                                  439

Guide to Division 393                                                                                            440

393‑1..................... What this Division is about............................................. 439

393‑5..................... Reports about quoting tax file numbers and ABNs........ 439

393‑10................... Annual investment income reports.................................. 440

393‑15................... Errors in reports.............................................................. 441

Division 394Reporting about forestry managed investment schemes  442

Guide to Division 394                                                                                            443

394‑1..................... What this Division is about............................................. 442

394‑5..................... Statements about initial contributions to scheme............. 442

394‑10................... Statements about failure to establish trees within 18 months 443

Division 396—Third party reporting                                                               445

Guide to Division 396                                                                                            446

396‑1A.................. What this Division is about............................................. 445

Subdivision 396‑A—FATCA                                                                               445

Guide to Subdivision 396‑A                                                                                 445

396‑1..................... What this Subdivision is about....................................... 445

Operative provisions                                                                                             446

396‑5..................... Statements about U.S. Reportable Accounts................... 446

396‑10................... Statements about payments to Nonparticipating Financial Institutions     447

396‑15................... Meaning of the FATCA Agreement................................. 448

396‑20................... Permissions and elections............................................... 448

396‑25................... Record keeping............................................................... 449

Subdivision 396‑B—Information about transactions that could have tax consequences for taxpayers  450

Guide to Subdivision 396‑B                                                                                 450

396‑50................... What this Subdivision is about....................................... 450

Operative provisions                                                                                             450

396‑55................... Reporting tax‑related information about transactions to the Commissioner              450

396‑60................... Information required....................................................... 454

396‑65................... Exemptions—wholesale clients...................................... 455

396‑70................... Exemptions—other cases................................................ 455

396‑75................... Errors in reports.............................................................. 456

Subdivision 396‑C—Common Reporting Standard                                      457

Guide to Subdivision 396‑C                                                                                 457

396‑100................. What this Subdivision is about....................................... 457

Operative provisions                                                                                             458

396‑105................. Statements about Reportable Accounts........................... 458

396‑110................. Meaning of CRS............................................................. 459

396‑115................. Matters Common Reporting Standard leaves to domestic law 459

396‑120................. Application of Common Reporting Standard.................. 461

396‑125................. Record keeping............................................................... 462

396‑130................. Anti‑avoidance provisions.............................................. 463

396‑135................. Application of penalty to false or misleading self‑certification 464

396‑136................. Report on Reportable Accounts maintained by Australian Reporting Financial Institutions    465

Division 398—Miscellaneous reporting obligations                                     466

Guide to Division 398                                                                                            467

398‑1..................... What this Division is about............................................. 466

Subdivision 398‑A—Farm Management Deposit reporting                        466

398‑5..................... Reporting to Agriculture Department.............................. 466

Part 5‑30—Payment, ABN and identification verification system   468

Division 400—Guide to Part 5‑30                                                                      468

400‑1..................... What Part 5‑30 is about.................................................. 468

400‑5..................... The payment, ABN and identification verification system 468

Division 405—Transaction reporting by purchasers                                   469

405‑5..................... Payments to which this Division applies........................ 469

405‑10................... Reporting requirements................................................... 469

405‑15................... Invoices produced by purchasers.................................... 470

Division 410—Transaction reporting by suppliers                                       471

410‑5..................... Payments to which this Division applies........................ 471

410‑10................... Reporting requirements................................................... 471

410‑15................... Invoices produced by purchasers.................................... 472

Division 415—Verification of suppliers’ ABNs by purchasers                  473

415‑5..................... Payments to which this Division applies........................ 473

415‑10................... ABN verification requirements....................................... 473

415‑15................... Method of obtaining ABN verification........................... 474

415‑20................... Verification applies to later payments............................. 474

Division 417—Verification of suppliers’ identities by purchasers            475

417‑5..................... Payments to which this Division applies........................ 475

417‑10................... Identity verification requirements.................................... 475

417‑15................... Method of obtaining identity verification........................ 476

417‑20................... Verification applies to later payments............................. 476

Division 420—Penalties for not reporting or verifying                               477

420‑5..................... Failing to report or verify: administrative penalty........... 477

Division 425—Other matters                                                                              478

425‑20................... Constructive payment..................................................... 478

425‑25................... Non‑cash benefits........................................................... 478

Part 5‑35—Registration and similar processes for various taxes    479

Division 426—Process of endorsing charities and other entities               479

Guide to Division 426                                                                                            480

426‑1..................... What this Division is about............................................. 479

Subdivision 426‑A—Application of Subdivision 426‑B to various kinds of endorsement           480

426‑5..................... Application of Subdivision 426‑B to various kinds of endorsement        480

426‑10................... How Subdivision 426‑B applies to government entities in relation to endorsement under section 30‑120 of the Income Tax Assessment Act 1997................................... 481

Subdivision 426‑B—Process of endorsement etc.                                          481

426‑15................... Applying for endorsement.............................................. 482

426‑20................... Dealing with an application for endorsement.................. 482

426‑25................... Notifying outcome of application for endorsement......... 483

426‑30................... Date of effect of endorsement......................................... 484

426‑35................... Review of refusal of endorsement.................................. 484

426‑40................... Checking entitlement to endorsement.............................. 484

426‑45................... Telling Commissioner of loss of entitlement to endorsement 485

426‑50................... Partnerships and unincorporated bodies......................... 486

426‑55................... Revoking endorsement................................................... 486

426‑60................... Review of revocation of endorsement............................. 487

Subdivision 426‑C—Entries on Australian Business Register                    488

426‑65................... Entries on Australian Business Register......................... 488

Subdivision 426‑D—Public and private ancillary funds                              489

Guide to Subdivision 426‑D                                                                                 489

426‑100................. What this Subdivision is about....................................... 489

Public ancillary funds                                                                                           491

426‑102................. Public ancillary funds..................................................... 491

426‑103................. Public ancillary fund guidelines...................................... 491

426‑104................. Australian Business Register must show public ancillary fund status      492

Private ancillary funds                                                                                         492

426‑105................. Private ancillary funds.................................................... 492

426‑110................. Private ancillary fund guidelines..................................... 493

426‑115................. Australian Business Register must show private ancillary fund status     493

Administrative penalties                                                                                       494

426‑120................. Administrative penalties for trustees of ancillary funds.. 494

Suspension and removal of trustees                                                                   495

426‑125................. Suspension or removal of trustees.................................. 495

426‑130................. Commissioner to appoint acting trustee in cases of suspension or removal             497

426‑135................. Terms and conditions of appointment of acting trustee... 498

426‑140................. Termination of appointment of acting trustee.................. 498

426‑145................. Resignation of acting trustee........................................... 498

426‑150................. Property vesting orders................................................... 499

426‑155................. Powers of acting trustee.................................................. 499

426‑160................. Commissioner may give directions to acting trustee....... 500

426‑165................. Property vested in acting trustee—former trustees’ obligations relating to books, identification of property and transfer of property......................................................... 500

Transfers between ancillary funds                                                                    502

426‑170................. Ancillary funds must not provide funds to other ancillary funds             502

Part 5‑45—Application of taxation laws to certain entities                 503

Division 444—Obligations of entities on behalf of other entities              503

Guide to Division 444                                                                                            504

444‑1..................... What this Division is about............................................. 503

Subdivision 444‑A—Unincorporated associations and bodies and companies               503

444‑5..................... Unincorporated associations and bodies......................... 503

444‑10................... Public officers of companies........................................... 504

444‑15................... Notifying and serving companies................................... 505

Subdivision 444‑B—Partnerships                                                                      505

444‑30................... Partnerships.................................................................... 505

Subdivision 444‑C—Superannuation funds                                                     506

444‑50................... Superannuation funds..................................................... 506

Subdivision 444‑D—Incapacitated entities                                                      507

444‑70................... Representatives of incapacitated entities.......................... 507

Subdivision 444‑E—Indirect tax specific entities                                          508

444‑80................... GST joint ventures.......................................................... 508

444‑85................... Non‑profit sub‑entities.................................................... 511

444‑90................... GST groups.................................................................... 511

Division 446—Local governing bodies                                                            515

Guide to Division                                                                                                    515

446‑1..................... What this Division is about............................................. 515

Operative provisions                                                                                             515

446‑5..................... Requirements for unanimous resolutions by local governing bodies       515

Part 5‑100—Miscellaneous                                                                                    519

Division 850—Transactions exempt from application of taxation laws 519

Subdivision 850‑A—Declaration relating to security or intelligence agency 519

850‑100................. Declaration relating to security or intelligence agency..... 519

Division 990—Miscellaneous                                                                              522

Subdivision 990‑A—Combining notices                                                           522

990‑5..................... Commissioner may combine notices............................... 522


Schedule 1Collection and recovery of income tax and other liabilities

Chapter 3Collection, recovery and administration of other taxes

Part 3‑10Indirect taxes

Division 105General rules for indirect taxes

Table of Subdivisions

             Guide to Division 105

105‑D   General interest charge and penalties

105‑F    Indirect tax refund schemes

105‑G   Other administrative provisions

Guide to Division 105

105‑1  What this Division is about

This Division contains rules relating to the administration of the indirect tax laws.

                   Note 1:          Administration rules relevant to particular indirect tax laws are in Divisions 110, 111 and 112.

                   Note 2:          For assessment of assessable amounts under indirect tax laws, see Division 155.

The rules in this Division deal with the following:

               (c)     limits on credits, refunds and recovering amounts;

               (e)     the effect of not passing on refunds of overpaid amounts;

               (f)     charges and penalties;

              (h)     refunding indirect tax because of Australia’s international obligations;

               (i)     requirements for notifications.

Subdivision 105‑DGeneral interest charge and penalties

Table of sections

105‑80      General interest charge

105‑85      Amending Acts cannot impose penalties or general interest charge earlier than 28 days after Royal Assent

105‑80  General interest charge

             (1)  If any of an amount (the liability) to which this section applies remains unpaid after the time by which it is due to be paid, you are liable to pay the *general interest charge on the unpaid amount of the liability for each day in the period that:

                     (a)  started at the beginning of the day by which the liability was due to be paid; and

                     (b)  finishes at the end of the last day on which, at the end of the day, any of the following remains unpaid:

                              (i)  the liability;

                             (ii)  general interest charge on any of the liability.

Note:          The general interest charge is worked out under Division 1 of Part IIA.

             (2)  This section applies to either of the following amounts that you are liable to pay:

                     (a)  an *assessed net fuel amount;

                     (b)  an assessed amount of *indirect tax (including an *assessed net amount).

105‑85  Amending Acts cannot impose penalties or general interest charge earlier than 28 days after Royal Assent

             (1)  An Act that amends an *indirect tax law does not have the effect of making you liable to:

                     (a)  a penalty for an offence against an indirect tax law; or

                     (b)  *general interest charge under section 105‑80;

for any act or omission that happens before the 28th day (the postponed day) after the day on which the amending Act receives the Royal Assent.

             (2)  If the amending Act would (apart from this section) have the effect of making you liable to such a penalty or charge because you contravened a requirement to do something:

                     (a)  within a specified period ending before the postponed day; or

                     (b)  before a specified time happening before the postponed day;

the requirement has effect instead by reference to a period ending at the start of the postponed day, or by reference to the start of the postponed day, as the case requires.

             (3)  This section does not relieve you from liability to such a penalty or charge to the extent to which the liability would have existed if the amending Act had not been enacted.

Subdivision 105‑FIndirect tax refund schemes

Table of sections

105‑120    Refund scheme—defence related international obligations

105‑125    Refund scheme—international obligations

105‑120  Refund scheme—defence related international obligations

             (1)  The Commissioner must, on behalf of the Commonwealth, pay you an amount equal to the amount of *indirect tax borne by you in respect of an acquisition (within the meaning of the *GST Act) if:

                     (a)  you are in a class of entities determined by the *Defence Minister; and

                     (b)  the acquisition is covered by a determination of the Defence Minister; and

                     (c)  the acquisition is made:

                              (i)  by or on behalf of a *visiting force that is; or

                             (ii)  by a member (within the meaning of the Defence (Visiting Forces) Act 1963) of the visiting force who is; or

                            (iii)  by any other entity that is;

                            covered by a determination of the Defence Minister; and

                     (d)  at the time of the acquisition, it was intended for:

                              (i)  the official use of the visiting force; or

                             (ii)  the use of a member (within the meaning of the Defence (Visiting Forces) Act 1963) of the visiting force; or

                            (iii)  any other use;

                            and that use is covered by a determination of the Defence Minister; and

                     (e)  you claim the amount in the *approved form.

             (2)  The amount is payable:

                     (a)  in accordance with the conditions and limitations; and

                     (b)  within the period and manner;

determined by the *Defence Minister.

             (3)  The *Defence Minister may only determine an entity under subparagraph (1)(c)(iii) or a use under subparagraph (1)(d)(iii) if the Commonwealth is under an international obligation to grant *indirect tax concessions in relation to the kind of entity or the kind of use.

             (4)  A determination under this section is a legislative instrument.

105‑125  Refund scheme—international obligations

             (1)  The Commissioner must, on behalf of the Commonwealth, pay you, or an entity in a class of entities determined by the Commissioner, an amount equal to the amount of *indirect tax borne by you in respect of an acquisition (within the meaning of the *GST Act) made by you if:

                     (a)  you are a kind of entity specified in the regulations; and

                     (b)  the acquisition is of a kind specified in the regulations; and

                     (c)  you or the entity claims the amount in the *approved form.

             (2)  The amount is payable:

                     (a)  in accordance with the conditions and limitations; and

                     (b)  within the period and manner;

set out in the regulations.

             (3)  The regulations may only specify a kind of entity for the purposes of paragraph (1)(a) or a kind of acquisition for the purposes of paragraph (1)(b) if the Commonwealth is under an international obligation to grant *indirect tax concessions in relation to the kind of entity or the kind of acquisition.

             (4)  A determination by the Commissioner under subsection (1) is not a legislative instrument.

Subdivision 105‑GOther administrative provisions

Table of sections

105‑145    Commissioner must give things in writing

105‑145  Commissioner must give things in writing

             (1)  Any notice, approval, direction, authority or declaration that the Commissioner may give, or must give, to you under an *indirect tax law must be in writing.

             (2)  However, this does not prevent the Commissioner giving any of those things to you by electronic transmission if a provision of an *indirect tax law allows the Commissioner to do so.

Division 110Goods and services tax

Table of Subdivisions

             Guide to Division 110

110‑F    Review of GST decisions

Guide to Division 110

110‑1  What this Division is about

This Division gives you the right to object against reviewable GST decisions that relate to you. Section 110‑50 sets out the reviewable GST decisions.

Subdivision 110‑F