s 214-60
In forceLater amendments—fraud or evasion
Chapter 3Specialist liability rules
Part 3-6The imputation system
Division 214Administering the imputation system
214-60 Later amendments—fraud or evasion
If:
(a)
the entity does not make a full and true disclosure to the Commissioner of the information necessary for a franking assessment for the entity for the balancing period; and
(b)
in making the assessment, the Commissioner makes an under‑assessment; and
(c)
the Commissioner is of the opinion that the under‑assessment is due to fraud or evasion;
the Commissioner may amend the assessment at any time.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.