CTHIn ForceAct
Taxation Administration Act 1953
16‑156 Annual payment summary for sectio16‑156 Annual payment summary for sections 12‑175 and 12‑180
Start here
Get a plain-English read of 16‑156 Annual payment summary for sectio
Turn the raw legal text into a practical explanation grounded in Taxation Administration Act 1953.
16‑156 Annual payment summary for sections 12‑175 and 12‑180
(1) A trustee must give a *payment summary to a beneficiary of the trust, if the trustee made any *withholding payments covered by section 12‑175 or 12‑180 to the beneficiary during the income year. (2) The *payment summary: (a) must cover each of the *withholding payments mentioned in subsection (1); and (b) may be in electronic form; and (c) must be given: (i) not later than 14 days after the day by which the trustee was required to give the Commissioner a report under subsection 16‑152(1) for the income year; or (ii) within a longer period allowed by the Commissioner.