INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 1B - Collection of tax on companies and trustees of certain funds  

SECTION 221AO  

221AO   LIABILITY TO MAKE PAYMENTS UNDER THIS DIVISION  
For the purpose of securing generally the more expeditious collection of income tax payable by relevant entities, a relevant entity is liable to make payments in accordance with this Division in respect of its taxable income of each year of income to which this Division applies.