Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 16 - Payer ' s obligations and rights  

Subdivision 16-C - To provide information  

To the Commissioner

SECTION 16-150   COMMISSIONER MUST BE NOTIFIED OF AMOUNTS  

16-150(1)    

An entity that must pay an amount (even if it is a nil amount) to the Commissioner under:

(a) subsection 16-70(1) (about amounts withheld under Division 12 ); or

(aa) Division 13 (about payments in respect of alienated personal services payments); or

(b) Subdivision 14-A , 14-B , 14-C or 14-D (about payments in respect of non-cash benefits or capital proceeds);

must notify the Commissioner of the amount on or before the day on which the amount is due to be paid (regardless of whether it is paid). The notification must be in the *approved form and lodged with the Commissioner.

Note:

This section does not apply to amounts that an employer notifies to the Commissioner under Division 389 : see section 389-20 .

16-150(2)    

An entity that must pay an amount (even if it is a nil amount) to the Commissioner under Subdivision 14-E (about payments in respect of taxable supplies of certain real property) must notify the Commissioner of the amount:

(a) on or before the day provided in a determination under subsection (3); or

(b) if there is no such determination - on or before the day on which the amount is due to be paid (regardless of whether it is paid).

The notification must be in the *approved form and lodged with the Commissioner.

16-150(3)    

The Commissioner may, by legislative instrument, determine when the Commissioner must be notified for the purposes of paragraph (2)(a).