Pay As You Go Withholding Non-compliance Tax Act 2012

The Pay As You Go Withholding Non-compliance Tax Act 2012 (No. 95, 2012) is an Act of the Australian Parliament that imposes a tax on directors and associates of directors of companies that fail to comply with their Pay As You Go (PAYG) withholding obligations. The Act imposes the tax in accordance with Subdivision 18-D in Schedule 1 of the Taxation Administration Act 1953. The amount of the tax is equal to the amount of PAYG withholding non-compliance tax payable under the relevant Subdivision.

The Act was enacted on 29 June 2012 and commenced on 30 June 2012. It provides for the imposition of the tax and sets out the commencement information for each provision of the Act. The Act also includes a table outlining the commencement dates for each provision, as well as a statement that the information in column 3 of the table is not part of the Act.