298-30
CurrentAssessment of penalties under Division 284 or section 288‑115
Volume 2Schedule 1, Chapter 2, Part 2-10 to Chapter 4, Part 4-25 (sections 45-1 to 298-110)
Schedule 1Collection and recovery of income tax and other liabilities
Chapter 4Generic assessment, collection and recovery rules
Part 4-25Charges and penalties
Division 298Machinery provisions for penalties
Subdivision 298-AAdministrative penalties
298-30 Assessment of penalties under Division 284 or section 288‑115
(1)
The Commissioner must make an assessment of the amount of an administrative penalty under Division 284 or section 288‑115.
(2)
An entity that is dissatisfied with such an assessment made about the entity may object against it in the manner set out in Part IVC of the Taxation Administration Act 1953.
This Act’s bill:Second reading speech
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