TAXATION ADMINISTRATION ACT 1996 - SECT 47A Definitions
TAXATION ADMINISTRATION ACT 1996 - SECT 47A
Definitions47A Definitions
In this Division--
"corporate tax liability" means--
(a) the amount of tax that a corporation has been assessed as being liable to pay, as set out in a notice of assessment issued to the corporation, and
(b) any interest or penalty tax payable in respect of an amount referred to in paragraph (a).
"special arrangement" for the payment of a corporate tax liability means an arrangement for the payment of tax made by the Chief Commissioner under section 47.