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TAXATION ADMINISTRATION ACT 1999 - SECT 7 General power to make assessment

TAXATION ADMINISTRATION ACT 1999 - SECT 7

General power to make assessment

    (1)     The commissioner may make an assessment of the tax liability of a taxpayer.

    (2)     An assessment of a tax liability may—

        (a)     consist of a determination that there is not a particular tax liability; or

        (b)     include an assessment of the value of anything for the purpose of assessing tax liability.

    (3)     The commissioner has the same powers of assessment in relation to a trustee of a deceased person as the commissioner would have in relation to the person if the person were alive.