Queensland Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

TAXATION ADMINISTRATION ACT 2001 - SECT 60

When commissioner may remit unpaid tax interest and penalty tax

60 When commissioner may remit unpaid tax interest and penalty tax

(1) The commissioner may remit the whole or part of unpaid tax interest or penalty tax.
(2) The remission of assessed interest or penalty tax must be made by assessment.
(3) Despite section 26 (1) , the commissioner is not required to give an assessment notice for the assessment if, after the remission and the application of payments received by the commissioner for the taxpayer’s assessment liability, the taxpayer has no assessment liability.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback