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-B
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Distributions by AMITs relating to Subdivision 12-H fund payments
Operative provisions
SECTION 12A-105 DEEMED PAYMENTS - NO OBLIGATION TO WITHHOLD UNDER SUBDIVISION 12-H 12A-105(1)
The trustee mentioned in subsection 12-385(1) need not withhold an amount under that subsection from the payment mentioned in that subsection if the payment arises because of the operation of section 12A-205 (deemed payments).
12A-105(2)
The *custodian mentioned in subsection 12-390(1) need not withhold an amount under that subsection from the later payment mentioned in that subsection if:
(a) the later payment arises because of the operation of section 12A-205 (deemed payments); or
(b) the later payment is a *post-AMMA actual payment in respect of a payment of a kind mentioned in paragraph (a).
12A-105(3)
The entity mentioned in subsection 12-390(4) need not withhold an amount under that subsection from the payment mentioned in that subsection if:
(a) the payment arises because of the operation of section 12A-205 (deemed payments); or
(b) the payment is a *post-AMMA actual payment in respect of a payment of a kind mentioned in paragraph (a).
12A-105(4)
Disregard this section for the purposes of section 12-395 .
View history note
Hide history noteNote: See section 3AA .
Chapter 2 - Collection, recovery and administration of income taxSECTION 12A-105 DEEMED PAYMENTS - NO OBLIGATION TO WITHHOLD UNDER SUBDIVISION 12-H 12A-105(1)
The trustee mentioned in subsection 12-385(1) need not withhold an amount under that subsection from the payment mentioned in that subsection if the payment arises because of the operation of section 12A-205 (deemed payments).
Note:
The trustee may have to pay the Commissioner an amount in respect of the deemed payment (see Subdivision 12A-C ).
12A-105(2)
The *custodian mentioned in subsection 12-390(1) need not withhold an amount under that subsection from the later payment mentioned in that subsection if:
(a) the later payment arises because of the operation of section 12A-205 (deemed payments); or
(b) the later payment is a *post-AMMA actual payment in respect of a payment of a kind mentioned in paragraph (a).
Note:
Either or both of the trustee of the AMIT concerned and the custodian may have to pay the Commissioner an amount in respect of the deemed payment (see Subdivision 12A-C ).
12A-105(3)
The entity mentioned in subsection 12-390(4) need not withhold an amount under that subsection from the payment mentioned in that subsection if:
(a) the payment arises because of the operation of section 12A-205 (deemed payments); or
(b) the payment is a *post-AMMA actual payment in respect of a payment of a kind mentioned in paragraph (a).
Note:
The entity may have to pay the Commissioner an amount in respect of the deemed payment (see Subdivision 12A-C ).
12A-105(4)
Disregard this section for the purposes of section 12-395 .
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