INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

SCHEDULE 2F - TRUST LOSSES AND OTHER DEDUCTIONS  

CCH Note:

Below is material substituted or repealed as inoperative in Sch 2F by No 101 of 2006.

SECTION 271-85   RECOVERY OF TAX  

271-85(1)    
Any unpaid family trust distribution tax may be sued for and recovered in a court of competent jurisdiction by the Commissioner suing in his or her official name.

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History

S 271-85(1) amended by No 178 of 1999, s 3 and Sch 2 item 62 (as amended by No 57 of 2002, s 3 and Sch 12 item 40), by omitting ``, and any unpaid additional tax payable under section 271-80,'' after ``distribution tax'', effective 12 December 1999.

Application

271-85(2)    
Subsection (1) does not apply in relation to any family trust distribution tax or additional tax that becomes due and payable on or after 1 July 2000.

Note:

For provisions about collection and recovery of family trust distribution tax, additional tax and other amounts on or after 1 July 2000, see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 .

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History

S 271-85(2) and note inserted by No 179 of 1999.

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