Tax Laws Amendment (2011 Measures No. 4) Act 2011 (43 of 2011)

Schedule 1   Reduction in 2011-12 PAYG instalments

Part 1   Main amendments

Division 1   Taxation Administration Act 1953

2   Subsection 45-405(3) in Schedule 1 (after paragraph (a) of the definition of GDP adjustment )

Insert:

(aa) if the current year is the 2011-12 income year - 4%; or


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