115‑80 Commissioner may take changes, an115‑80 Commissioner may take changes, and proposed changes, to the law into account

115‑80 Commissioner may take changes, and proposed changes, to the law into account

For the purposes of working out your modified liability for *MRRT for a *base year, the Commissioner may work out an amount: (a) as if provisions of an Act or regulations, as they may reasonably be expected to apply for the purposes of your assessment for a later *MRRT year, had applied for the purposes of the base year; and (b) as if provisions of an Act or regulations had applied for the purposes of the base year if: (i) in the Commissioner’s opinion, the provisions are likely to be enacted or made; and (ii) the application of the provisions reduces the instalment rate being given to you.

Note: Taking law changes, and proposed law changes, into account in working out the instalment rate means total instalments for the year are as close as possible to your likely MRRT for the year.