13QTreasurer may enter into agreements

#### 13Q Treasurer may enter into agreements 13Q Treasurer may enter into agreements > > (1) The Treasurer may enter into an agreement (a multi-jurisdictional agreement) with 1 or more other Australian jurisdictions to establish and implement processes for achieving improvements in the assessment and collection of taxes, interest and penalties imposed by the participating jurisdictions on betting operations that are carried on in multiple jurisdictions. > > > (2) A multi-jurisdictional agreement may— > > > > > (a) provide for the collection of taxes, interest and penalties by a participating jurisdiction on behalf of other participating jurisdictions and for the distribution of amounts so collected, and > > > > > (b) provide for each participating jurisdiction to collect, on behalf of all participating jurisdictions, taxes, interest and penalties payable to those jurisdictions by betting operators whose businesses are based in the collecting jurisdiction, and > > > > > (c) provide for participating jurisdictions to undertake audits or investigations in respect of taxes, interest and penalties payable by a betting operator under the law of another participating jurisdiction, and > > > > > (d) authorise the performance of functions under this Act or the [Taxation Administration Act 1996](/view/html/inforce/current/act-1996-097) by a specified authority of a participating jurisdiction, subject to subsection (4) and any other limitations specified in the agreement, and > > > > > (e) authorise the performance of functions under a specified law of another participating jurisdiction by the Chief Commissioner, subject to any law of that jurisdiction and any other limitations specified in the agreement, and > > > > > (f) provide for participating jurisdictions to assist each other in making timely and accurate determinations of taxes, interest and penalties payable by sharing information available to them, including the results of audits and investigations and any other information of a kind specified in the agreement, and > > > > > (g) provide for any other measures or matters that the participating jurisdictions consider necessary or expedient for achieving improvements in the assessment or collection of taxes, interest and penalties or for implementing processes established by the agreement for that purpose. > > > (3) A multi-jurisdictional agreement operates for the period, and may be varied or terminated in such a manner, as the participating jurisdictions agree. > > > (4) A multi-jurisdictional agreement— > > > > > (a) must be consistent with the provisions of this Act and the [Taxation Administration Act 1996](/view/html/inforce/current/act-1996-097), and > > > > > (b) cannot authorise a participating jurisdiction— > > > > > > > (i) to make a binding determination of the amount of tax, interest or penalties payable by a betting operator under the laws of another participating jurisdiction, or > > > > > > > (ii) to take enforcement action in respect of tax, interest or penalties payable by a betting operator under the laws of another participating jurisdiction. > > > (5) The Chief Commissioner is to take such action as is necessary or expedient to giving effect to a multi-jurisdictional agreement. > > > (6) In this section, participating jurisdiction means New South Wales and another State or a Territory that enters into a multi-jurisdictional agreement. > > **s 13Q:** Ins 2018 No 69, Sch 1 \[4\].