Tax Laws Amendment (2012 Measures No. 2) Act 2012 (Cth)

Tax Laws Amendment (2012 Measures No. 2) Act 2012

Act No. 99 of 2012 as amended This compilation was prepared on 28 September 2012 taking into account amendments up to Act No. 142 of 2012 The text of any of those amendments not in force on that date is appended in the Notes section The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section Prepared by the Office of Parliamentary Counsel, Canberra

Contents 1 Short title [see Note 1] 2 Commencement 3 Schedule(s) 4 Amendment of assessments Schedule 1—Companies' non‑compliance with PAYG withholding and superannuation guarantee obligations Part 1—Recovery of penalties Division 1—Amendments applying to future and undischarged penalties Taxation Administration Act 1953 Division 2—Penalties for new directors Taxation Administration Act 1953 Division 3—Remission of penalties Taxation Administration Act 1953 Part 2—Credits Income Tax Assessment Act 1997 Taxation Administration Act 1953 Taxation (Interest on Overpayments and Early Payments) Act 1983 Part 3—Superannuation guarantee charge Division 1—Estimates Corporations Act 2001 Superannuation Guarantee (Administration) Act 1992 Taxation Administration Act 1953 Division 2—Penalties Superannuation Guarantee (Administration) Act 1992 Taxation Administration Act 1953 Schedule 2—Consolidation and TOFA Income Tax Assessment Act 1997 Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 Schedule 3—Consolidation Part 1—Pre rules Income Tax Assessment Act 1997 Part 2—Interim rules Income Tax Assessment Act 1997 Part 3—Prospective rules Income Tax Assessment Act 1997 Part 4—Application Notes An Act to amend the law relating to taxation, and for related purposes

1 Short title [see Note 1] This Act may be cited as the Tax Laws Amendment (2012 Measures No. 2) Act 2012.