A New Tax System (Pay As You Go) Act 1999 (178 of 1999)
Schedule 1 Pay as you go (PAYG) system of collecting income tax and other liabilities
Part 2 Consequential amendment of Acts
Income Tax Assessment Act 1936
36 After subsection 221YHZC(1)
Insert:
(1AAAA) Subsection (1A) does not apply to a payment made after 30 June 2000.
Note: Instead, the investment body must withhold an amount under section 12-140 or 12-145 in Schedule 1 to the Taxation Administration Act 1953.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).