Taxation Administration Act 2001
sec.28Taxpayer to advise commissioner if liability for tax under assessed
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sec.28 Taxpayer to advise commissioner if liability for tax under assessed
A taxpayer must advise the commissioner if the taxpayer becomes aware that— an assessment of the taxpayer’s liability for tax was not, or is no longer, correct; and the correct liability for tax is more than the amount stated in the assessment. The taxpayer must comply with subsection (1) within 30 days after becoming aware of the matters mentioned in the subsection. (sec.28-ssec.1) A taxpayer must advise the commissioner if the taxpayer becomes aware that— an assessment of the taxpayer’s liability for tax was not, or is no longer, correct; and the correct liability for tax is more than the amount stated in the assessment. (sec.28-ssec.2) The taxpayer must comply with subsection (1) within 30 days after becoming aware of the matters mentioned in the subsection.
- (a) an assessment of the taxpayer’s liability for tax was not, or is no longer, correct; and
- (b) the correct liability for tax is more than the amount stated in the assessment.