115‑15 Information to be given to the Co115‑15 Information to be given to the Commissioner

115‑15 Information to be given to the Commissioner

(1) If you are liable to pay an instalment for an *instalment quarter (even if it is a nil amount), you must notify the Commissioner of the amount of your *instalment income for the quarter. (2) You must notify the Commissioner in the *approved form and on or before the day when the instalment is due (regardless of whether it is paid). (3) Subsection (1) does not apply to you for an *instalment quarter if: (a) a nil rate determination under subsection 115‑45(2) or (3) applies to you for the quarter; and (b) you are exempted from compliance with subsection (1) for the quarter: (i) by a written notice the Commissioner gives you; or (ii) by a legislative instrument that the Commissioner makes, exempting a class of entities. (4) An exemption under subsection (3) may be combined in the same document as a nil rate determination.