Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 5-30
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PAYMENT, ABN AND IDENTIFICATION VERIFICATION SYSTEM
Division 400
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Guide to Part 5-30
SECTION 400-1
WHAT PART 5-30 IS ABOUT
View history note
Hide history noteNote: See section 3AA .
Chapter 5 - AdministrationTo improve compliance with the tax laws that relate to payments for certain supplies, this Part imposes additional requirements on purchasers and suppliers.
The additional requirements relate to verification of ABNs and to reporting information about payments.
Regulations will specify the supplies that are covered and the additional requirements that apply to payments for those supplies.
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