19A
CurrentEffect on assessment of change in interpretation
Part 3Assessment of tax liability
19A Effect on assessment of change in interpretation
If an assessment is based on a particular interpretation of the applicable law or a particular practice of the Commissioner that was generally applied to assessments of that kind when the assessment was made, the Commissioner cannot make a reassessment based on an interpretation or practice that applied after the assessment was made, other than to give effect to a change in interpretation or practice brought about by a legislative change.
This Act’s bill:Second reading speech
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