Document ID: chunk:federal_register_of_legislation:C2004C01086:clause:2_1
Version: federal_register_of_legislation:C2004C01086
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 31994–34217

1  At the end of Schedule 1
Add:

[The next Division is Division 250.]

Part 4‑15—Collection and recovery of tax‑related liabilities and other amounts

Division 250—Introduction

Table of Subdivisions

250‑A Guide to Part 4‑15

250‑B Object of this Part

Subdivision 250‑A—Guide to Part 4‑15

250‑1  What this Part is about

       This Part deals with the methods by which the Commissioner may collect and recover amounts of taxes and other liabilities.
       These rules may affect you if you are liable to pay an amount of a tax‑related liability (see, for example, Division 255). Some of the rules may also affect you because of your relationship with someone else who is liable for such an amount (see Division 260).

Table of sections

250‑5 Some important concepts about tax‑related liabilities
250‑10 Summary of tax‑related liabilities

250‑5  Some important concepts about tax‑related liabilities

 (1) A tax‑related liability may arise for an entity before it becomes due and payable by that entity.

Example: Under Part 2‑5, an entity's liability to pay a withheld amount may arise before the amount is due and payable.

 (2) For some tax‑related liabilities, an assessment needs to be made before the amount of the relevant liability becomes due and payable.

Example: Under Division 1 of Part VI of the Income Tax Assessment Act 1936, an amount of income tax needs to be assessed before it becomes due and payable.

 (3) An amount of a tax‑related liability may become payable by an entity (for example, when the amount has been assessed) before it is due and payable by that entity.

250‑10  Summary of tax‑related liabilities

 (1) The following table is an index of each tax‑related liability under the Income Tax Assessment Act 1936. The key provision for the liability, as set out in the table, specifies when the liability becomes due and payable.

Note: The Commissioner may vary the time at which the amount becomes due and payable. See Subdivision 255‑B.

Tax‑related liabilities under the Income Tax Assessment Act 1936
Item                                                              Topic                                                                                       Provision