Taxation Administration Act 1953

An entity is a large withholder for a particular month (the current month) in a *financial year starting on or after 1 July 2001 if:

it was a *large withholder for June 2001; or

the *amounts withheld by the entity during a financial year ending at least 2 months before the current month exceeded $1 million; or

both of the following apply:

at the end of a financial year (the threshold year) ending at least 2 months before the current month, the entity was one of a number of companies that were at that time all members of the same *wholly‑owned group;

the amounts withheld by those companies during the threshold year exceeded $1 million; or

the Commissioner determines under section 16‑115 that the entity is a large withholder for the current month.

Different rules apply for working out who is a large withholder for a month in 2000‑01. See section 16‑125.

However, the entity is not a *large withholder if the Commissioner determines under section 16‑110 that it is a *medium withholder or a *small withholder for the current month.