Taxation Administration Act 2001
sec.56Unpaid tax interest unaffected by extensions of time
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sec.56 Unpaid tax interest unaffected by extensions of time
The making of a payment arrangement must be disregarded for determining late payment interest accruing under section 54 . Any extension of time allowed by the commissioner for complying with an information or lodgement requirement must be disregarded in determining the start date under section 54 (4) . (sec.56-ssec.1) The making of a payment arrangement must be disregarded for determining late payment interest accruing under section 54 . (sec.56-ssec.2) Any extension of time allowed by the commissioner for complying with an information or lodgement requirement must be disregarded in determining the start date under section 54 (4) .