A New Tax System (Tax Administration) Act 1999 (179 of 1999)

Schedule 6   Shorter period of review (SPOR) taxpayers

Part 1   Income Tax Assessment Act 1936

20   After subsection 14ZW(1B)

Insert:

(1BA) If:

(a) section 14ZV applies to a taxation objection; and

(b) apart from this subsection, paragraph (1)(aaa) would apply to the taxation objection;

the person must lodge the taxation objection before the end of whichever of the following ends last:

(c) 2 years after notice of the assessment or determination that has been amended by the amended assessment or amended determination to which the taxation objection relates has been served on the person;

(d) 60 days after the notice of the amended assessment to which the taxation objection relates has been served on the person.