TAXATION ADMINISTRATION ACT 1953 - SECT 8ZF Penalties for corporations
TAXATION ADMINISTRATION ACT 1953 - SECT 8ZF
Penalties for corporationsWhere a corporation is convicted of:
(a) a taxation offence (other than a prescribed offence) that, if committed by a natural person, is punishable by imprisonment; or
(b) a prescribed offence to which subsection 8E(3) or 8R(2) applies;
the penalty that the court before which the corporation is convicted may
impose is a fine not exceeding 5 times the maximum fine that, but for this
section, the court could impose as a penalty for the taxation offence.