Federal Register of Legislation - Australian Government

Primary content

Taxation Administration Act 1953

Authoritative Version
  • - C2020C00160
  • In force - Superseded Version
  • View Series
Act No. 1 of 1953 as amended, taking into account amendments up to Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020
An Act to provide for the administration of certain Acts relating to Taxation, and for other purposes
Administered by: Treasury
General Comments: Section 355-25 of Schedule 1 of this Act has been modified by the operation of the Commissioner’s Remedial Power, click here to see the modification.
Registered 18 May 2020
Start Date 09 Apr 2020
End Date 22 Jun 2020
Table of contents.

Commonwealth Coat of Arms of Australia

Taxation Administration Act 1953

No. 1, 1953

Compilation No. 168

Compilation date:                              9 April 2020

Includes amendments up to:            Act No. 38, 2020

Registered:                                         18 May 2020

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 9 April 2020 (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                                                            102

250‑25                    Object                                                                              102

Division 255—General rules about collection and recovery                      103

Subdivision 255‑A—Tax‑related liabilities                                                     103

255‑1                      Meaning of tax‑related liability                                        103

255‑5                      Recovering a tax‑related liability that is due and payable 103

Subdivision 255‑B—Commissioner’s power to vary payment time          104

255‑10                    To defer the payment time                                                104

255‑15                    To permit payments by instalments                                  105

255‑20                    To bring forward the payment time in certain cases         105

Subdivision 255‑C—Recovery proceedings                                                    106

Guide to Subdivision 255‑C                                                                                 106

255‑35                    What this Subdivision is about                                        106

Operative provisions                                                                                             106

255‑40                    Service of documents if person absent from Australia or cannot be found              106

255‑45                    Evidentiary certificate                                                       107

255‑50                    Certain statements or averments                                       108

255‑55                    Evidence by affidavit                                                       109

Subdivision 255‑D—Security deposits                                                              109

255‑100                  Commissioner may require security deposit                    109

255‑105                  Notice of requirement to give security                             110

255‑110                  Offence                                                                            111

255‑115                  Order to comply with requirement                                   111

255‑120                  Offence                                                                            112

Division 260—Special rules about collection and recovery                        113

Guide to Division 260                                                                                            113

260‑1                      What this Division is about                                              113

Subdivision 260‑A—From third party                                                              113

260‑5                      Commissioner may collect amounts from third party       114

260‑10                    Notice to Commonwealth, State or Territory                   115

260‑15                    Indemnity                                                                         116

260‑20                    Offence                                                                            116

Subdivision 260‑B—From liquidator                                                               116

260‑40                    Subdivision does not apply to superannuation guarantee charge              117

260‑45                    Liquidator’s obligation                                                     117

260‑50                    Offence                                                                            118

260‑55                    Joint liability of 2 or more liquidators                              118

260‑60                    Liquidator’s other obligation or liability                           119

Subdivision 260‑C—From receiver                                                                   119

260‑75                    Receiver’s obligation                                                       119

260‑80                    Offence                                                                            120

260‑85                    Joint liability of 2 or more receivers                                 121

260‑90                    Receiver’s other obligation or liability                             121

Subdivision 260‑D—From agent winding up business for foreign resident principal  121

260‑105                  Obligation of agent winding up business for foreign resident principal   121

260‑110                  Offence                                                                            122

260‑115                  Joint liability of 2 or more agents                                     122

260‑120                  Agent’s other obligation or liability                                 123

Subdivision 260‑E—From deceased person’s estate                                     123

260‑140                  Administered estate                                                          123

260‑145                  Unadministered estate                                                      124

260‑150                  Commissioner may authorise amount to be recovered     125

Division 263—Mutual assistance in collection of foreign tax debts          126

Subdivision 263‑A—Foreign revenue claims                                                  126

Guide to Subdivision 263‑A                                                                                 126

263‑5                      What this Subdivision is about                                        126

Operative provisions                                                                                             127

263‑10                    Meaning of foreign revenue claim                                   127

263‑15                    Requirements for foreign revenue claims                         127

263‑20                    Foreign Revenue Claims Register                                    128

263‑25                    Registering claims                                                            128

263‑30                    When amount is due and payable                                     128

263‑35                    Amending the Register etc.                                              129

263‑40                    Payment to competent authority                                       130

Division 265—Other matters                                                                              131

Subdivision 265‑A—Right of person to seek recovery or contribution    131

Guide to Subdivision 265‑A                                                                                 131

265‑35                    What this Subdivision is about                                        131

Operative provisions                                                                                             131

265‑40                    Right of recovery if another person is liable                    131

265‑45                    Right of contribution if persons are jointly liable             132

Subdivision 265‑B—Application of laws                                                          132

265‑65                    Non‑application of certain taxation laws                          132

Subdivision 265‑C—Direction to pay superannuation guarantee charge 133

Guide to Subdivision 265‑C                                                                                 133

265‑85                    What this Subdivision is about                                        133

265‑90                    Direction to pay superannuation guarantee charge           133

265‑95                    Offence                                                                            135

265‑100                  Variation or revocation                                                    135

265‑105                  Effect of liability being reduced or ceasing to exist          136

265‑110                  Taxation objection                                                            137

265‑115                  Extension of period to comply if taxation objection made 137

Division 268—Estimates                                                                                      139

Guide to Division 268                                                                                            139

268‑1                      What this Division is about                                              139

Subdivision 268‑A—Object                                                                                  140

268‑5                      Object of Division                                                           140

Subdivision 268‑B—Making estimates                                                             140

268‑10                    Commissioner may make estimate                                   140

268‑15                    Notice of estimate                                                            142

Subdivision 268‑C—Liability to pay estimates                                              143

268‑20                    Nature of liability to pay estimate                                     143

268‑25                    Accuracy of estimate irrelevant to liability to pay             144

268‑30                    Estimate provable in bankruptcy or winding up               145

Subdivision 268‑D—Reducing and revoking estimates                                146

268‑35                    How estimate may be reduced or revoked—Commissioner’s powers     146

268‑40                    How estimate may be reduced or revoked—statutory declaration or affidavit          148

268‑45                    How estimate may be reduced or revoked—rejection of proof of debt    150

268‑50                    How estimate may be reduced—amount paid or applied 152

268‑55                    When reduction or revocation takes effect                       152

268‑60                    Consequences of reduction or revocation—refund          153

268‑65                    Consequences of reduction or revocation—statutory demand changed or set aside 153

268‑70                    Consequences of reduction or revocation—underlying liability               154

Subdivision 268‑E—Late payment of estimates                                             154

268‑75                    Liability to pay the general interest charge                       154

268‑80                    Effect of paying the general interest charge                      155

Subdivision 268‑F—Miscellaneous                                                                    156

268‑85                    Effect of judgment on liability on which it is based         156

268‑90                    Requirements for statutory declaration or affidavit          157

268‑95                    Liquidators, receivers and trustees in bankruptcy            160

268‑100                  Division not to limit or exclude Corporations or Bankruptcy Act            162

Division 269—Penalties for directors of non‑complying companies       163

Guide to Division 269                                                                                            163

269‑1                      What this Division is about                                              163

Subdivision 269‑A—Object and scope                                                              164

269‑5                      Object of Division                                                           164

269‑10                    Scope of Division                                                            164

Subdivision 269‑B—Obligations and penalties                                              167

269‑15                    Directors’ obligations                                                      167

269‑20                    Penalty                                                                             168

269‑25                    Notice                                                                              169

269‑30                    Effect on penalty of directors’ obligation ending before end of notice period          170

269‑35                    Defences                                                                          176

Subdivision 269‑C—Discharging liabilities                                                    178

269‑40                    Effect of director paying penalty or company discharging liability           178

269‑45                    Directors’ rights of indemnity and contribution               179

Subdivision 269‑D—Miscellaneous                                                                   179

269‑50                    How notice may be given                                                179

269‑52                    Copies of notices                                                             180

269‑55                    Division not to limit or exclude Corporations Act           180

Part 4‑25—Charges and penalties                                                                     181

Division 280—Shortfall interest charge                                                           181

Guide to Division 280                                                                                            181

280‑1                      Guide to Division 280                                                     181

Subdivision 280‑A—Object of Division                                                            181

280‑50                    Object of Division                                                           181

Subdivision 280‑B—Shortfall interest charge                                                182

280‑100                  Liability to shortfall interest charge—income tax             182

280‑101                  Liability to shortfall interest charge—excess exploration credit tax          184

280‑102                  Liability to shortfall interest charge—petroleum resource rent tax            184

280‑102A               Liability to shortfall interest charge—excess non‑concessional contributions tax    185

280‑102B               Liability to shortfall interest charge—Division 293 tax    186

280‑102C               Liability to shortfall interest charge—diverted profits tax 188

280‑103                  Liability to shortfall interest charge—general                   189

280‑105                  Amount of shortfall interest charge                                  189

280‑110                  Notification by Commissioner                                         190

Subdivision 280‑C—Remitting shortfall interest charge                             190

280‑160                  Remitting shortfall interest charge                                    190

280‑165                  Commissioner must give reasons for not remitting in certain cases         191

280‑170                  Objecting against remission decision                               191

Division 284—Administrative penalties for statements, unarguable positions and schemes      192

Guide to Division 284                                                                                            192

284‑5                      What this Division is about                                              192

Subdivision 284‑A—General provisions                                                          192

284‑10                    Object of Division                                                           193

284‑15                    When a matter is reasonably arguable                            193

284‑20                    Which statements this Division applies to                        194

284‑25                    Statements by agents                                                        194

284‑30                    Application of Division to trusts                                      194

284‑35                    Application of Division to partnerships                           194

Subdivision 284‑B—Penalties relating to statements                                    195

Guide to Subdivision 284‑B                                                                                 195

284‑70                    What this Subdivision is about                                        195

Operative provisions                                                                                             196

284‑75                    Liability to penalty                                                           196

284‑80                    Shortfall amounts                                                            199

284‑85                    Amount of penalty                                                           201

284‑90                    Base penalty amount                                                        202

284‑95                    Joint and several liability of directors of corporate trustee that makes a false or misleading statement     206

Subdivision 284‑C—Penalties relating to schemes                                        206

Guide to Subdivision 284‑C                                                                                 206

284‑140                  What this Subdivision is about                                        206

Operative provisions                                                                                             207

284‑145                  Liability to penalty                                                           207

284‑150                  Scheme benefits and scheme shortfall amounts               209

284‑155                  Amount of penalty                                                           211

284‑160                  Base penalty amount: schemes                                        212

284‑165                  Exception—threshold for penalty arising from cross‑border transfer pricing          213

Subdivision 284‑D—Provisions common to Subdivisions 284‑B and 284‑C 214

284‑220                  Increase in base penalty amount                                       214

284‑224                  Reduction of base penalty amount if law was applied in an accepted way               215

284‑225                  Reduction of base penalty amount if you voluntarily tell the Commissioner            216

Subdivision 284‑E—Special rules about unarguable positions for cross‑border transfer pricing           217

284‑250                  Undocumented transfer pricing treatment not reasonably arguable          218

284‑255                  Documentation requirements                                           218

Division 286—Penalties for failing to lodge documents on time               220

Subdivision 286‑A—Guide to Division 286                                                     220

286‑1                      What this Division is about                                              220

Subdivision 286‑B—Object of Division                                                            220

286‑25                    Object of Division                                                           220

Subdivision 286‑C—Penalties for failing to lodge documents on time    221

286‑75                    Liability to penalty                                                           221

286‑80                    Amount of penalty                                                           223

Division 288—Miscellaneous administrative penalties                                227

288‑10                    Penalty for non‑electronic notification                             227

288‑20                    Penalty for non‑electronic payment                                  228

288‑25                    Penalty for failure to keep or retain records                     228

288‑30                    Penalty for failure to retain or produce declarations         229

288‑35                    Penalty for preventing access etc.                                    229

288‑40                    Penalty for failing to register or cancel registration          230

288‑45                    Penalty for failing to issue tax invoice etc.                       230

288‑46                    Penalty for failing to ensure tax information about supplies of low value goods is included in customs documents                                                                        230

288‑50                    Penalty for both principal and agent issuing certain documents               231

288‑70                    Administrative penalties for life insurance companies     231

288‑75                    Administrative penalty for a copyright or resale royalty collecting society               233

288‑80                    Administrative penalty for over declaring conduit foreign income           233

288‑85                    Failure by Reporting Financial Institution to obtain self‑certification       234

288‑95                    Failing to comply etc. with release authority                    235

288‑100                  Excess money paid under release authority                      236

288‑105                  Superannuation provider to calculate crystallised pre‑July 83 amount of superannuation interest by 30 June 2008                                                                                 236

288‑110                  Contravention of superannuation data and payment regulation or standard              237

288‑115                  AMIT under or over resulting from intentional disregard of or recklessness as to taxation law              238

288‑120                  Prohibited offsets of liabilities using interest etc. accrued on farm management deposits        240

288‑125                  Producing or supplying electronic sales suppression tools 241

288‑130                  Possessing electronic sales suppression tools                  241

288‑135                  Incorrectly keeping records using electronic sales suppression tools       242

Division 290—Promotion and implementation of schemes                        243

Subdivision 290‑A—Preliminary                                                                       243

290‑5                      Objects of this Division                                                   243

290‑10                    Extra‑territorial application                                               243

Subdivision 290‑B—Civil penalties                                                                   243

290‑50                    Civil penalties                                                                  244

290‑55                    Exceptions                                                                       246

290‑60                    Meaning of promoter                                                      248

290‑65                    Meaning of tax exploitation scheme                                 248

Subdivision 290‑C—Injunctions                                                                         249

290‑120                  Conduct to which this Subdivision applies                      250

290‑125                  Injunctions                                                                       250

290‑130                  Interim injunctions                                                           250

290‑135                  Delay in making ruling                                                    250

290‑140                  Discharge etc. of injunctions                                            251

290‑145                  Certain limits on granting injunctions not to apply           251

290‑150                  Other powers of the Federal Court unaffected                 252

Subdivision 290‑D—Voluntary undertakings                                                 252

290‑200                  Voluntary undertakings                                                   252

Division 295—Miscellaneous civil penalties                                                   253

Subdivision 295‑B—Civil penalty for possession of tobacco without relevant documentation 253

Guide to Subdivision 295‑B                                                                                 253

295‑70                    What this Subdivision is about                                        253

295‑75                    Possession of tobacco without relevant documentation etc. 254

295‑80                    Things treated as tobacco                                                 256

Division 298—Machinery provisions for penalties                                       257

Subdivision 298‑A—Administrative penalties                                                257

298‑5                      Scope of Subdivision                                                       257

298‑10                    Notification of liability                                                     257

298‑15                    Due date for penalty                                                         258

298‑20                    Remission of penalty                                                       258

298‑25                    General interest charge on unpaid penalty                        258

298‑30                    Assessment of penalties under Division 284 or section 288‑115             259

Subdivision 298‑B—Civil penalties                                                                   259

298‑80                    Application of Subdivision                                              259

298‑85                    Civil evidence and procedure rules for civil penalty orders 260

298‑90                    Civil proceedings after criminal proceedings                   260

298‑95                    Criminal proceedings during civil proceedings                260

298‑100                  Criminal proceedings after civil proceedings                   260

298‑105                  Evidence given in proceedings for penalty not admissible in criminal proceedings  261

298‑110                  Civil double jeopardy                                                       261

Part 4‑30—Offences and prosecutions                                                            262

Division 308—Offences relating to tobacco                                                    262

Guide to Division 308                                                                                            262

308‑1                      What this Division is about                                              262

Subdivision 308‑A—Reasonable suspicion offences relating to tobacco 262

Guide to Subdivision 308‑A                                                                                 262

308‑5                      What this Subdivision is about                                        262

308‑10                    Possession of tobacco (500 kilograms or above)—reasonable suspicion offence    263

308‑15                    Possession of tobacco (100 kilograms or above)—reasonable suspicion offence    266

308‑20                    Possession of tobacco (5 kg or above)—reasonable suspicion offence   269

308‑25                    Sale of tobacco (500 kilograms or above)—reasonable suspicion offence               271

308‑30                    Sale of tobacco (100 kilograms or above)—reasonable suspicion offence               274

308‑35                    Sale of tobacco (5 kg or above)—reasonable suspicion offence              276

308‑40                    Buying of tobacco (500 kilograms or above)—reasonable suspicion offence          279

308‑45                    Buying of tobacco (100 kilograms or above)—reasonable suspicion offence          282

308‑50                    Buying of tobacco (5 kg or above)—reasonable suspicion offence         284

308‑55                    Matters taken to satisfy “reasonable to suspect” requirement 287

Subdivision 308‑B—Fault‑based offences of possession, production and manufacture              289

Guide to Subdivision 308‑B                                                                                 289

308‑105                  What this Subdivision is about                                        289

308‑110                  Possession of tobacco (500 kg or above)—fault‑based offence               290

308‑115                  Possession of tobacco (100 kg or above)—fault‑based offence               292

308‑120                  Possession of tobacco (5 kg or above)—fault‑based offence   295

308‑125                  Manufacture or production of tobacco (500 kg or above)—fault‑based offence      297

308‑130                  Manufacture or production of tobacco (100 kg or above)—fault‑based offence      299

308‑135                  Manufacture or production of tobacco (5 kg or above)—fault‑based offence          301

Subdivision 308‑C—Offences relating to equipment relating to the manufacture or production of tobacco        304

Guide to Subdivision 308‑C                                                                                 304

308‑200                  What this Subdivision is about                                        304

308‑205                  Possession of equipment for use in illegal manufacture or production of tobacco   304

308‑210                  Possession of equipment designed or adapted to manufacture or produce tobacco  305

Subdivision 308‑E—Other provisions                                                              306

Guide to Subdivision 308‑E                                                                                 306

308‑500                  What this Subdivision is about                                        306

308‑505                  Things treated as tobacco                                                 307

308‑510                  Matters treated as possession                                           307

308‑515                  Where excise duty or customs duty is treated as not payable for the purpose of the reasonable suspicion offences                                                                           307

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

Part 4‑50—Release from particular liabilities                                            309

Division 340Commissioner’s power in cases of hardship                        309

Guide to Division 340                                                                                            309

340‑1                      What this Division is about                                              309

Operative provisions                                                                                             309

340‑5                      Release from particular liabilities in cases of serious hardship 309

340‑10                    Liabilities to which this section applies                            311

340‑15                    Commissioner may take action to give effect to a release decision           312

340‑20                    Extinguishing your liability to pay a fringe benefits tax instalment if you are released             313

340‑25                    Extinguishing your liability to pay a PAYG instalment if you are released              313

Division 342Commissioner’s power relating to proceeds of crime proceedings       315

Guide to Division 342                                                                                            315

342‑1                      What this Division is about                                              315

Subdivision 342‑A—Power to waive right to payment of tax‑related liabilities            315

342‑5                      Object of this Subdivision                                               315

342‑10                    Power to waive right to payment of tax‑related liability   316

Part 4‑90—Evidence                                                                                                 318

Division 350—Evidence                                                                                       318

Guide to Division 350                                                                                            318

350‑1                      What this Division is about                                              318

Subdivision 350‑A—Evidence                                                                             318

350‑5                      Application of Subdivision                                              318

350‑10                    Evidence                                                                          318

350‑15                    Judicial notice of signature                                               321

Chapter 5—Administration                                                                                         322

Part 5‑1—The Australian Taxation Office                                                   322

Division 352—Commissioner’s reporting obligations                                 322

Guide to Division 352                                                                                            322

352‑1                      What this Division is about                                              322

Subdivision 352‑A—Accountability of the Commissioner in respect of indirect tax laws           322

352‑5                      Commissioner must prepare annual report on indirect tax laws               322

Subdivision 352‑C—Reporting on working holiday makers                      323

352‑25                    Commissioner must prepare annual report on working holiday makers   323

Division 353—Powers to obtain information and evidence                        324

Guide to Division 353                                                                                            324

353‑1                      What this Division is about                                              324

Subdivision 353‑A—Powers to obtain information and evidence             324

353‑10                    Commissioner’s power                                                    324

353‑15                    Access to premises, documents etc.                                 325

353‑20                    Checking status of specifically listed deductible gift recipients                326

Subdivision 353‑B—Powers to obtain information and evidence from overseas          328

353‑25                    Offshore information notices                                           328

353‑30                    Offshore information notices—consequence of not complying               330

Division 354—Power to obtain information about rights or interests in property       332

354‑5                      Power to obtain information about rights or interests in property            332

Division 355—Confidentiality of taxpayer information                             334

Guide to Division 355                                                                                            334

355‑1                      What this Division is about                                              334

Subdivision 355‑A—Objects and application of Division                            335

355‑10                    Objects of Division                                                          335

355‑15                    Application of Division                                                   335

Subdivision 355‑B—Disclosure of protected information by taxation officers             336

Guide to Subdivision 355‑B                                                                                 336

355‑20                    What this Subdivision is about                                        336

Operative provisions                                                                                             336

355‑25                    Offence—disclosure of protected information by taxation officers          336

355‑30                    Meaning of protected information and taxation officer    338

355‑35                    Consent is not a defence                                                  338

355‑40                    Generality of Subdivision not limited                              338

355‑45                    Exception—disclosure of publicly available information 339

355‑47                    Exception—disclosure of periodic aggregate tax information  339

355‑50                    Exception—disclosure in performing duties                    339

355‑55                    Exception—disclosure to Ministers                                 342

355‑60                    Limits on disclosure to Ministers                                     344

355‑65                    Exception—disclosure for other government purposes   345

355‑70                    Exception—disclosure for law enforcement and related purposes           360

355‑72                    Exception—disclosure to credit reporting bureaus           366

355‑75                    Limits on disclosure to courts and tribunals                     369

Subdivision 355‑C—On‑disclosure of protected information by other people               369

Guide to Subdivision 355‑C                                                                                 369

355‑150                  What this Subdivision is about                                        369

Operative provisions                                                                                             370

355‑155                  Offence—on‑disclosure of protected information by other people           370

355‑160                  Consent is not a defence                                                  371

355‑165                  Generality of Subdivision not limited                              371

355‑170                  Exception—on‑disclosure of publicly available information 371

355‑172                  Exception—disclosure of periodic aggregate tax information  371

355‑175                  Exception—on‑disclosure for original purpose               371

355‑180                  Exception—on‑disclosure to Ministers in relation to statutory powers or functions                373

355‑182                  Exception—on‑disclosure of certain information to Commonwealth Ombudsman  373

355‑185                  Exception—on‑disclosure in relation to IGIS                  374

355‑190                  Exception—on‑disclosure in relation to ASIO                375

355‑195                  Exception—on‑disclosure by Royal Commissions          376

355‑200                  Exception—records made in compliance with Australian laws                377

355‑205                  Limits on on‑disclosure to courts or tribunals                  377

355‑210                  Limits on on‑disclosure to Ministers                               377

355‑215                  Exception—on‑disclosure of information disclosed to credit reporting bureaus      378

Subdivision 355‑D—Disclosure of protected information that has been unlawfully acquired   379

Guide to Subdivision 355‑D                                                                                 379

355‑260                  What this Subdivision is about                                        379

Operative provisions                                                                                             379

355‑265                  Offence—disclosure of protected information acquired in breach of a taxation law 379

355‑270                  Exception—disclosure of publicly available information 380

355‑275                  Exception—disclosure in relation to a taxation law          380

355‑280                  Limits on disclosure to courts and tribunals                     380

Subdivision 355‑E—Other matters                                                                    381

Guide to Subdivision 355‑E                                                                                 381

355‑320                  What this Subdivision is about                                        381

Operative provisions                                                                                             381

355‑325                  Oath or affirmation to protect information                       381

355‑330                  Injunctions to prevent contravention of non‑disclosure provisions          382

355‑335                  Procedures for disclosing protected information              383

Division 356—General administration of tax laws                                       385

Guide to Division 356                                                                                            385

356‑1                      What this Division is about                                              385

Subdivision 356‑A—Indirect tax laws                                                               385

356‑5                      Commissioner has general administration of indirect tax laws 385

Subdivision 356‑B—Major bank levy                                                               385

356‑10                    Commissioner has general administration of major bank levy 385

Part 5‑5—Rulings                                                                                                       386

Division 357—Object and common rules                                                         386

Guide to Division 357                                                                                            386

357‑1                      What this Division is about                                              386

Subdivision 357‑A—Object of this Part                                                            386

357‑5                      Object of this Part                                                            387

Subdivision 357‑B—Common rules for rulings                                             388

Rules for all rulings                                                                                               388

357‑50                    Scope of Division                                                            388

357‑55                    The provisions that are relevant for rulings                      389

357‑60                    When rulings are binding on the Commissioner              389

357‑65                    Stopping relying on a ruling                                            392

357‑70                    Commissioner may apply the law if more favourable than the ruling       393

357‑75                    Inconsistent rulings                                                          393

357‑80                    Contracts for schemes                                                      395

357‑85                    Effect on ruling if relevant provision re‑enacted              395

357‑90                    Validity of ruling not affected by formal defect               395

Common rules for public and private rulings                                                396

357‑95                    Electronic communications                                              396

357‑100                  Evidence                                                                          396

Common rules for private and oral rulings                                                    396

357‑105                  Further information must be sought                                 396

357‑110                  Assumptions in making private or oral ruling                  397

357‑115                  Additional information provided by applicant                  397

357‑120                  Commissioner may take into account information from third parties       397

357‑125                  Applications and objections not to affect obligations and powers            398

Division 358—Public rulings                                                                              399

Guide to Division 358                                                                                            399

358‑1                      What this Division is about                                              399

Making public rulings                                                                                           399

358‑5                      What is a public ruling?                                                   399

358‑10                    Application of public rulings                                           400

358‑15                    When a public ruling ceases to apply                               400

Withdrawing public rulings                                                                                 401

358‑20                    Withdrawing public rulings                                             401

Division 359—Private rulings                                                                            402

Guide to Division 359                                                                                            402

359‑1                      What this Division is about                                              402

Private rulings 403

359‑5                      Private rulings                                                                  403

359‑10                    Applying for a private ruling                                           403

359‑15                    Private rulings to be given to applicants                           403

359‑20                    Private rulings must contain certain details                      403

359‑25                    Time of application of private rulings                              404

359‑30                    Ruling for trustee of a trust                                              404

359‑35                    Dealing with applications                                                 405

359‑40                    Valuations                                                                        405

359‑45                    Related rulings                                                                 406

359‑50                    Delays in making private rulings                                     407

359‑55                    Revised private rulings                                                    408

359‑60                    Objections, reviews and appeals relating to private rulings 409

359‑65                    Commissioner may consider new information on objection 410

359‑70                    Successful objection decision alters ruling                       410

Division 360—Oral rulings                                                                                 411

Guide to Division 360                                                                                            411

360‑1                      What this Division is about                                              411

Oral rulings      411

360‑5                      Applying for and making of oral rulings                         411

360‑10                    Withdrawing an application for an oral ruling                  413

360‑15                    Commissioner determinations                                          413

Division 361—Non‑ruling advice and general administrative practice  414

361‑5                      Non‑ruling advice and general administrative practice     414

Division 362—Rulings by Innovation and Science Australia that activities are not ineligible activities                415

Guide to Division 362                                                                                            415

362‑1                      What this Division is about                                              415

Public rulings by Innovation and Science Australia                                     416

362‑5                      Innovation and Science Australia may make public rulings on a specified class of activities   416

362‑10                    Application of public rulings                                           417

362‑15                    When a public ruling ceases to apply                               417

362‑20                    Withdrawing public rulings                                             417

Private rulings by Innovation and Science Australia                                   417

362‑25                    Innovation and Science Australia may make private rulings on a specified activity 417

362‑30                    Applying for a private ruling                                           418

362‑35                    Innovation and Science Australia must give notice of its decision           418

362‑40                    Private rulings must contain certain details                      419

362‑45                    Application of private rulings                                          419

362‑50                    Delays in making private rulings                                     419

362‑55                    When a private ruling ceases to apply                              421

362‑60                    Withdrawing private rulings                                            421

General provisions                                                                                                 421

362‑65                    When rulings are binding on the Commissioner and Innovation and Science Australia           421

362‑70                    Application of common rules under Subdivision 357‑B  422

362‑75                    Application of Divisions 358 and 359                             422

Part 5‑10—Commissioner’s remedial power                                               423

Division 370—Commissioner’s remedial power                                            423

Guide to Division 370                                                                                            423

370‑1                      What this Division is about                                              423

Subdivision 370‑A—Commissioner’s remedial power                                 424

370‑5                      Commissioner’s remedial power                                     424

370‑10                    Intended purpose or object                                               425

370‑15                    Repeal of determinations                                                  426

370‑20                    Commencement of determinations                                   426

Part 5‑25—Record‑keeping and other obligations relating to taxpayers            427

Division 382—Record‑keeping                                                                           427

Guide to Division 382                                                                                            427

382‑1                      What this Division is about                                              427

Subdivision 382‑A—Keeping records of indirect tax transactions           427

382‑5                      Keeping records of indirect tax transactions                     427

Subdivision 382‑B—Record keeping obligations of deductible gift recipients               431

382‑15                    Deductible gift recipients to keep records                        431

Division 384—Education directions                                                                  433

Guide to Division 384                                                                                            433

384‑5                      What this Division is about                                              433

384‑10                    When an education direction may be given                      433

384‑15                    Education direction                                                          434

384‑20                    Approval of courses of education                                    435

384‑25                    Costs of course of education                                            436

384‑30                    Variation or revocation on Commissioner’s own initiative 436

384‑35                    Variation on request                                                         436

384‑40                    Taxation objection                                                            437

Division 388—Requirements about giving material to the Commissioner 438

Subdivision 388‑A—Object of Division                                                            438

388‑5                      Object of Division                                                           438

Subdivision 388‑B—General provisions                                                          438

388‑50                    Approved forms                                                              438

388‑52                    Saturdays, Sundays and public holidays                          439

388‑55                    Commissioner may defer time for lodgment                    439

388‑60                    Declaration by entity                                                        440

388‑65                    Declaration by entity where agent gives document          440

388‑70                    Declaration by agent                                                        441

388‑75                    Signing declarations                                                         441

388‑80                    Electronic notification of BAS amounts                           442

388‑85                    Truncating amounts                                                         442

Division 389—Reporting by employers                                                           443

Guide to Division 389                                                                                            443

389‑1                      What this Division is about                                              443

389‑5                      Required reporting by employers                                     443

389‑10                    Exemptions                                                                      445

389‑15                    Voluntary reporting by employers                                   446

389‑20                    Effect on reporting requirements under Subdivision 16‑C 446

389‑25                    Grace periods for correcting false or misleading notifications  447

Division 390Superannuation reporting                                                        449

Guide to Division 390                                                                                            449

390‑1                      What this Division is about                                              449

Subdivision 390‑A—Member information statements and roll‑over superannuation benefit statements               449

390‑5                      Member information statements                                       449

390‑7                      Grace periods for correcting false or misleading member information statements    452

390‑10                    Statements about roll‑over superannuation benefits etc.   453

390‑12                    Statements about benefits paid to KiwiSaver schemes     455

390‑15                    Superannuation statements to members                           456

390‑20                    Statements relating to holders of certain life insurance policies                457

Subdivision 390‑BStatements relating to release authorities                 458

390‑65                    Statements relating to release authorities                          458

Subdivision 390‑COther statements                                                              460

390‑115                  Change or omission in information given to the Commissioner               460

Division 392—Employee share scheme reporting                                         461

Guide to Division 392                                                                                            461

392‑1                      What this Division is about                                              461

Subdivision 392‑A—Statements