33 Reduction in penalty tax for disclosure before The amount of penalty tax determined under section 31 is reduced by 20% if, after the commissioner informs the taxpayer that an investigation relating to the taxpayer is to be carried out and before it is begun, the taxpayer discloses to the commissioner, in writing, sufficient information to enable the nature and extent of the tax default to be determined.

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Section 33 - Taxation Administration Act 1999 - Reduction in penalty tax for disclosure before — Zoe