A New Tax System (Tax Administration) Act 1999 (179 of 1999)
Schedule 18 Consequential amendment of Chapter 6 (the Dictionary) of the Income Tax Assessment Act 1997
24 Subsection 995-1(1)
Insert:
outstanding tax-related liability of an entity at a particular time means a *tax-related liability of the entity:
(a) that has arisen at or before that time (whether or not it is due and payable at that time); and
(b) an amount of which has not been paid before that time.
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