4Imposition of tax

#### 4 Imposition of tax Subject to section 4A, tax is imposed in respect of: (a) each taxable debit of not less than $1 made to a taxable account; (b) each eligible debit of not less than $1 made to an exempt account; and (c) each eligible debit of not less than $1 made to an account kept outside Australia where: (i) at the time when the debit is made, the person in whose name, or either or any of the persons in whose names, the account is kept is a resident of Australia; and (ii) it would be concluded that that account was used in connection with the transaction that resulted in the debit for the purpose, or for purposes that included the purpose, of enabling: (A) the person in whose name, or either or any of the persons in whose names, the account is kept; or (B) any other person; to avoid liability for payment of the tax that would have been imposed if the debit that resulted from that transaction had been made to an account kept in Australia.