s 53
In forceMining payments
Part 3Income tax (Chapter 2 in Schedule 1 to the Act)
Division 3Pay as you go (PAYG) withholding—Working out the amount to withhold
Subdivision EWithholding amounts for Subdivisions 12‑FC and 12‑G
53 Mining payments
The amount to be withheld under subsection 12‑320(1) in Schedule 1 to the Act from a mining payment is an amount equal to 4% of the amount of the payment.
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