Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 2-5
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PAY AS YOU GO (PAYG) WITHHOLDING
Division 12A
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Distributions by AMITs (including deemed payments)
Subdivision 12A-A
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Distributions by AMITs relating to dividend, interest and royalties
Operative provisions
SECTION 12A-20 12A-20 FAILURE TO GIVE NOTICE OR MAKE INFORMATION AVAILABLE UNDER SECTION 12A-15: ADMINISTRATIVE PENALTY
An entity that:
(a) is required to give a notice, or make details available on a website, under section 12A-15 in relation to:
(b) fails to comply with that section;
View history note
Hide history noteNote: See section 3AA .
Chapter 2 - Collection, recovery and administration of income taxSECTION 12A-20 12A-20 FAILURE TO GIVE NOTICE OR MAKE INFORMATION AVAILABLE UNDER SECTION 12A-15: ADMINISTRATIVE PENALTY
An entity that:
(a) is required to give a notice, or make details available on a website, under section 12A-15 in relation to:
(i) a payment made to another entity; or
(ii) an amount paid or credited to, or dealt with on behalf of or as directed by, another entity; and
(b) fails to comply with that section;
is liable to pay to the Commissioner a penalty equal to the amount that would have been required to be withheld under this Subdivision (disregarding section 12-300 ) in relation to amounts attributable to the payment or amount if the notice had been given or the details had been made available.
Note:
Division 298 in this Schedule contains machinery provisions for administrative penalties.
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