43
CurrentWaiver of tax law liability
Part 4Payments and refunds of tax and other amounts
Division 4Power to waive or write off liability
43 Waiver of tax law liability
(1)
The commissioner may waive payment of a taxpayer’s tax law liability up to the amount prescribed under a regulation.
(2)
The liability to pay the amount waived is extinguished.
Regulations
This provision refers to the regulations (a regulation
). Made under this Act:
This Act’s bill:Explanatory memorandum
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