Document ID: chunk:federal_register_of_legislation:C2025C00162:section:198b:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 198B (pt 2/2)
Character Range: 565717–567590

the tax year made by the Commissioner of Taxation;
 (c) an amendment made by a tribunal of an assessment or amended assessment of the person's taxable income for the tax year made by the Commissioner of Taxation;
 (d) an amendment made by a court of:
 (i) an assessment or amended assessment of the person's taxable income for the tax year made by the Commissioner of Taxation; or
 (ii) an amended assessment of the person's taxable income for the tax year made by a tribunal.

Estimating taxable income
 (3) A person, or, if the person is a child—the child's parent or carer, may give the Secretary a written estimate of the person's taxable income for a tax year.
 (3A) If the care receivers are a lower ADAT score adult and one or more multiple care children, the lower ADAT score adult may give the Secretary a written estimate of each child's taxable income for a tax year.

Accepting estimate of taxable income
 (4) The Secretary may accept the estimate only if:
 (a) the person does not have an assessed taxable income for the tax year; and
 (b) one of the following applies:
 (i) the tax year has not ended;
 (ii) the Secretary is satisfied that the person is not required to lodge a return of income for the tax year under the Income Tax Assessment Act;
 (iii) the Secretary is satisfied that the person has lodged, or proposes to lodge, a return of income for the tax year under the Income Tax Assessment Act; and
 (c) the Secretary is satisfied that the estimate is reasonable.

Accepted estimated taxable income
 (5) A person's accepted estimated taxable income for a tax year is the taxable income according to the estimate that was most recently given to the Secretary under subsection (3) or (3A) and accepted by the Secretary.

Nil amounts of taxable income
 (6) A person's assessed taxable income or accepted estimate of taxable income may be a nil amount.