INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
(a) a payer makes a reportable payment to a payee; and
(b) the payee has not quoted his or her tax file number to the payer in connection with the payment; and
(c) the payment is made on or after 1 December 1994 and before 1 July 2000.
Note 1:
See section 220AL for the method of quoting tax file numbers.
Note 2:
The making of a pensioner exemption declaration is an alternative to quotation of a tax file number - see section 220AP .
(a) 48.4% of the payment; or
(b) if another percentage is specified in regulations made for the purposes of this subsection - that percentage of the payment.
If working out the relevant percentage results in an amount of dollars and cents, the cents are to be disregarded.
220AF(3) Offence.A person (other than a government body) who contravenes this section is guilty of an offence punishable on conviction by a maximum fine of 10 penalty units.
Note:
See section 220AS for an alternative civil penalty for contravening this section.
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