Miscellaneous 2007

Withholding Tax and the Consequences of Failure to Withhold

Source: New South Wales

Published Date: 25 May 2007

 
The Tax Administration Act 1953 imposes obligations on companies making particular types of payments to non-residents. It is important not to overlook these obligations because they have significant consequences including:
  • Loss/deferral of deductions
  • Impact on franking credits available
  • Administrative sanctions
  • Penal sanctions

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Withholding Tax and the Consequences of Failure to Withhold

Author(s): Peter B Stinson

Details

  • Published By: Peter B Stinson
  • Published On:25 May 2007
  • Took place at:Hilton Hotel, Sydney

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2007

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