Anti-avoidance provision
69C Anti-avoidance provision
If the Commissioner considers that a person has participated in a tax avoidance scheme, the Commissioner may—
disregard the scheme; and
determine what duty would have been payable under this Chapter but for the scheme; and
make an assessment or reassessment under the Taxation Administration Act 1997 of the tax liability of the person or any other person to give effect to that determination.
S. 69C(2) amended by No. 69/2011 s. 11.
A tax default occurs for the purposes of the Taxation Administration Act 1997 if the whole of any duty assessed or reassessed in accordance with subsection (1)(c) is not paid to the Commissioner within 30 days after liability for the duty arose.
S. 69D inserted by No. 46/2004 s. 11.
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