12‑320 Mining payment12‑320 Mining payment

#### 12‑320 Mining payment (1) An entity must withhold an amount from a \*mining payment that: (a) it makes to another entity; or (b) it applies for the benefit of another entity. (2) Subsection (1) does not require the entity to withhold more than the \*mining withholding tax payable in respect of the \*mining payment. > Note: Section 128V of the Income Tax Assessment Act 1936 deals with mining withholding tax liability.