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TAXATION ADMINISTRATION ACT 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES    View history reference

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules    View history reference

PART 4-25 - CHARGES AND PENALTIES  

Division 284 - Administrative penalties for statements, unarguable positions and schemes    View history reference

Subdivision 284-D - Provisions common to Subdivisions 284-B and 284-C    View history reference

SECTION 284-224  REDUCTION OF BASE PENALTY AMOUNT IF LAW WAS APPLIED IN AN ACCEPTED WAY  

 View history reference

284-224(1)  

If, apart from this section, you would have a *base penalty amount because you or your *agent treated a *taxation law as applying in a particular way, and that way agreed with:


(a) advice given to you or your agent by or on behalf of the Commissioner; or


(b) general administrative practice under that law; or


(c) a statement in a publication approved in writing by the Commissioner;

your base penalty amount is reduced to the extent that it was caused by that treatment.

284-224(2)  

For the purposes of subsection (1) it does not matter whether the *base penalty amount also relates to:


(a) a statement; or


(b) a failure to give the Commissioner a return, notice or other document when required; or


(c) a *scheme.


 



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