s 12
In forceCompromise assessments
Part 3Assessments of tax
Division 1Assessments made by the commissioner
12 Compromise assessments
(1)
This section applies if, in assessing a taxpayer’s liability for tax, it is difficult or impracticable for the commissioner to properly determine the amount of the taxpayer’s liability because of a complexity or uncertainty or for another reason.
(2)
The commissioner may make an assessment of the taxpayer’s liability under a written agreement with the taxpayer (a compromise assessment).
(3)
The compromise assessment is a non-reviewable decision.
(4)
Nothing in this part requires the commissioner to make a compromise assessment for a taxpayer.
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.