Western Australian Current Acts Western Australian Current Acts (1) A special tax
return arrangement —
(a) may
require the lodging of returns, and the self-assessment and payment of tax, in
accordance with the arrangement; and
(b) may
require compliance with any other obligations imposed under the conditions of
the arrangement; and
(c) may
exempt the taxpayer or taxpayers covered by the arrangement from compliance
with specified administrative requirements of a taxation Act; and
(d) may
provide for the endorsement or certification of instruments to indicate the
amount of tax paid or payable under the special tax return arrangement, or to
indicate that tax is not payable; and
(e) may
require the responsible party to keep specified records; and
(f) may
authorise the responsible party to correct errors of a prescribed kind, or to
alter a self-assessment in prescribed circumstances; and
(g) may
authorise the responsible party to do things for the purpose of giving effect
to any corrections or alterations made in accordance with the arrangement.
(2) If an instrument
that the responsible party is required to include in a tax return would be of
no effect until registered under an enactment, then it is a condition of the
arrangement that the responsible party is to include the instrument in a
return before the instrument is lodged for registration.
(3) If a condition of
a special tax return arrangement is contravened, the responsible party commits
an offence.
Penalty: $20 000.
(4) A special tax
return arrangement does not transfer the taxpayer’s tax liability from
the taxpayer to the responsible party.
[Section 50 amended: No. 12 of 2005 s. 10; No. 12
of 2008 s. 42.]