This content is restricted.
Brief
The Shortfall Interest Charge (Imposition) Act 2005 (Act 2005) is an Australian Act that imposes a shortfall interest charge as a tax in certain circumstances. The Act comes into effect on the day it receives Royal Assent and states that shortfall interest charge is imposed as a tax to the extent that it cannot be validly imposed otherwise. The charge is worked out under Division 280 in Schedule 1 to the Taxation Administration Act 1953.
Highlights content goes here...
This content is restricted.
RADA.AI
Hello! I'm RADA.AI - Regulatory Analysis and Decision Assistance. Your Intelligent guide for compliance and decision-making. How can i assist you today?
Suggested
