NSWIn ForceAct
Taxation Administration Act 1996
26Penalty tax in respect of certain tax defaults
Start here
Get a plain-English read of 26
Turn the raw legal text into a practical explanation grounded in Taxation Administration Act 1996.
#### 26 Penalty tax in respect of certain tax defaults
26 Penalty tax in respect of certain tax defaults
> > (1) If a tax default occurs, the taxpayer is liable to pay penalty tax in addition to the amount of tax unpaid.
>
> > (2) Penalty tax imposed under this Division is in addition to interest.
>
> > (3) Penalty tax is not payable in respect of a tax default that consists of a failure to pay—
> >
> > > (a) interest under Division 1, or
> >
> > > (b) penalty tax previously imposed under this division, or
> >
> > > (c) a penalty imposed under section 106KA.
>
> **s 26:** Am 2024 No 90, Sch 8\[3\].