Document ID: chunk:federal_register_of_legislation:C2016C00501:clause:3_1:p2
Version: federal_register_of_legislation:C2016C00501
Segment Type: clause
Provision Reference: sch 3 cl 1 (pt 2/2)
Character Range: 12116–13484

(a) the existence or amount of a liability of the entity relating to taxation under any *Commonwealth law, even if the law requires express words to be used to exempt an entity or transaction from liability to taxation under that law;
Example: Examples of liabilities covered by paragraph (a) are a liability to GST (despite section 177‑5 of the A New Tax System (Goods and Services Tax) Act 1999), and amounts required to be paid by Part 2‑5 in this Schedule (Pay as you go (PAYG) withholding).
 (b) the existence or amount of any kind of benefit (however the benefit is expressed) relating to taxation under any Commonwealth law;
Example: Examples of benefits covered by paragraph (b) are deductions, credits and offsets under the Income Tax Assessment Act 1997, and input tax credits under the A New Tax System (Goods and Services Tax) Act 1999.
 (c) the existence or extent of any other obligation (or right) of the entity relating to a liability or benefit of a kind mentioned in paragraph (a) or (b).
Example: Examples of obligations covered by paragraph (c) include the following:
(a) an obligation to withhold money from a payment;
(b) an obligation to lodge a return, or to provide information, to the Commissioner of Taxation;
(c) an obligation to become registered under a taxation law.
 (9) A declaration under this section is not a legislative instrument.