A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

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 284-220  INCREASE IN BASE PENALTY AMOUNT  

 View history reference

284-220(1)  

 View history reference
The *base penalty amount is increased by 20% if:


(a) you took steps to prevent or obstruct the Commissioner from finding out about a *shortfall amount, or the false or misleading nature of a statement, in relation to which the base penalty amount was calculated; or
 View history reference


(b) you:

(i) became aware of such a shortfall amount after a statement had been made to the Commissioner about the relevant *tax-related liability; or

(ii) became aware of the false or misleading nature of a statement made to the Commissioner or another entity after the statement had been made;
and you did not tell the Commissioner or other entity about it within a reasonable time; or
 View history reference


(c) the base penalty amount was worked out using item 1, 2 or 3 of the table in subsection 284-90(1) and a base penalty amount for you was worked out under one of those items previously; or
 View history reference


(ca) the base penalty amount was worked out using item 3A, 3B or 3C of the table in subsection 284-90(1) and a base penalty amount for you was worked out under one of those items previously; or
 View history reference


(d) the base penalty amount was worked out using item 4, 5 or 6 of that table and a base penalty amount for you was worked out under that item previously; or
 View history reference


(e) your liability to a penalty arises under subsection 284-75(3) and you were previously liable to a penalty under that subsection.
 View history reference

284-220(2)  

The *base penalty amount for your *scheme shortfall amount, or for part of it, for an accounting period is increased by 20% if:


(a) you took steps to prevent or obstruct the Commissioner from finding out about the scheme shortfall amount or the part; or


(b) a base penalty amount for you was worked out under section 284-160 for a previous accounting period.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page