Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_2:p5
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 2 (pt 5/16)
Character Range: 1331086–1333801

(d) for Subdivision 815‑B—the actual conditions relevant to the matter (or matters);
 (e) for Subdivision 815‑C:
 (i) the actual profits mentioned in paragraph 815‑220(1)(a) of that Act and the *arm's length profits, to the extent that they are relevant to the matter (or matters); and
 (ii) the particulars of the activities and circumstances mentioned in subsection 815‑225(1) of that Act, to the extent they are relevant to the matter (or matters).

Division 286—Penalties for failing to lodge documents on time

Table of Subdivisions
286‑A Guide to Division 286
286‑B Object of Division
286‑C Penalties for failing to lodge documents on time

Subdivision 286‑A—Guide to Division 286

286‑1  What this Division is about

      You are liable to an administrative penalty if you are required to give a return, statement, notice or other document by a particular time and you do not do so.
      This Division sets out when the penalty applies and how the amounts of the penalty are calculated.

Subdivision 286‑B—Object of Division

Table of sections
286‑25 Object of Division

286‑25  Object of Division
  The object of this Division is to provide a uniform administrative penalty regime for all *taxation laws to enable administrative penalties to apply for failure to give returns, notices, statements or other documents on time.

Subdivision 286‑C—Penalties for failing to lodge documents on time

Table of sections
286‑75 Liability to penalty
286‑80 Amount of penalty

286‑75  Liability to penalty
 (1) You are liable to an administrative penalty if:
 (a) you are required under a *taxation law to give a return, notice, statement or other document to the Commissioner in the *approved form by a particular day; and
 (b) you do not give the return, notice, statement or document to the Commissioner in the approved form by that day.
Note: You may not be liable to a penalty in relation to a failure to notify an amount referred to in item 1, 2 or 2A of the table in subsection 389‑5(1) during the period provided for by subitem 22(2) of Schedule 23 to the Budget Savings (Omnibus) Act 2016 (see also item 16 of Schedule 3 to the Treasury Laws Amendment (2018 Measures No. 4) Act 2019).
 (1A) However, you are not liable to an administrative penalty under subsection (1) if:
 (a) you engage a *registered tax agent or BAS agent; and
 (b) you give the registered tax agent or BAS agent all relevant taxation information to enable the agent to give a return, notice, statement or other document to the Commissioner in the *approved form by a particular day; and
 (c) the registered tax agent or BAS agent does not give the return, notice, statement or other document to the Commissioner in the approved form by