Taxation Laws Amendment Act (No. 5) 2002 (119 of 2002)

Schedule 4   Recovery of Pay as you go (PAYG) withholding amounts

Part 1   Main amendments

Income Tax Assessment Act 1936

5   Subsection 222AGA(2)

Repeal the subsection, substitute:

(2) In making the estimate, the Commissioner may have regard to anything he or she thinks relevant, for example, information about:

(a) amounts deducted; or

(b) amounts withheld from payments; or

(c) payments received; or

(d) non-cash benefits provided;

during a period earlier than the period in relation to which the liability arose.