Taxation Administration Act 1953

The Commissioner may at any time make an assessment of an *assessable amount (including an assessment that the amount is nil).

For amendment of assessments, see Subdivision 155‑B.

An assessment can be reviewed: see Subdivision 155‑C.

Each of the following is an assessable amount:

a *net amount;

a *net fuel amount;

an amount of *indirect tax not included in an amount covered by another paragraph of this subsection;

a credit under an *indirect tax law not included in an amount covered by another paragraph of this subsection;

an amount of *Division 293 tax payable for an income year in relation to an individual’s *taxable contributions for the income year;

an amount of *Division 296 tax payable for an income year in relation to an individual’s *taxable superannuation earnings for the income year;

an amount of *excess exploration credit tax for an income year;

an amount of *excess transfer balance tax payable for an *excess transfer balance period;

an amount of levy under the Major Bank Levy Act 2017 for a *quarter;

an amount of *Australian IIR/UTPR tax;

an amount of *Australian DMT tax;

an amount of *diverted profits tax;

This Division has a modified operation in relation to diverted profits tax (see Division 145).

an amount of *first home super saver tax for an income year;

an amount of *Laminaria and Corallina decommissioning levy for a financial year;

an amount of *build to rent development misuse tax;

an amount of *news media bargaining charge.