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Taxation Administration Act 1953
12‑320 Mining payment12‑320 Mining payment
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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.