Document ID: chunk:federal_register_of_legislation:C2025C00029:section:2:p10
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 2 (pt 10/242)
Character Range: 8106159–8108962

Schedule 1 to the Taxation Administration Act 1953 deal with collecting amounts on account of income tax payable by the recipient of the payment, alienated personal services payment, non‑cash benefit or capital proceeds.
withholding payment covered by a particular provision in Schedule 1 to the Taxation Administration Act 1953 means a *withholding payment consisting of:
 (a) a payment from which an amount must be withheld under that provision (even if the amount is not withheld); or
 (aa) a payment that arises because of the operation of section 12A‑205 in that Schedule (deemed payments) in respect of which that provision requires an amount to be paid to the Commissioner; or
 (b) a *non‑cash benefit provided by an entity if that provision would have required the entity to withhold an amount if, instead of providing the benefit, the entity had paid the *market value of the benefit; or
 (c) a non‑cash benefit provided to an entity if that provision would have required the entity to withhold an amount if the benefit had been a payment of an amount equal to the market value of the benefit; or
 (d) the *capital proceeds in respect of which Subdivision 14‑D in that Schedule requires an amount to be paid to the Commissioner; or
 (e) the *taxable supply in respect of which Subdivision 14‑E in that Schedule requires an amount to be paid to the Commissioner.
withholding tax means income tax payable under:
 (a) section 301‑175 (departing Australia superannuation payments); or
 (b) section 306‑15 (excess untaxed roll‑over amounts); or
 (c) Division 840 (withholding taxes); or
 (d) Subdivision 840‑M of the Income Tax (Transitional Provisions) Act 1997 (managed investment trust amounts); or
 (e) section 128B of the Income Tax Assessment Act 1936 (dividends, interest and royalties).
work and income support withholding payments means work and income support related withholding payments and benefits, within the meaning given by the Income Tax Assessment Act 1936.
workers' compensation law has the meaning given by subsection 136(1) of the Fringe Benefits Tax Assessment Act 1986.
work expense has the meaning given by section 900‑30.
working holiday maker has the meaning given by subsection 3A(1) of the Income Tax Rates Act 1986.
working holiday taxable income has the meaning given by subsections 3A(2) and (3) of the Income Tax Rates Act 1986.
work in progress amount has the meaning given by section 25‑95.
worldwide capital amount, for an *outward investing entity (ADI), has the meaning given by section 820‑320.
worldwide debt of an entity and at a particular time has the meaning given by subsection 820‑932(1).
worldwide equity of an entity and at a particular time has the meaning given by subsection 820‑932(2).
worldwide gearing debt amount:
 (a) for an *outward investing