Commonwealth Consolidated Acts

TAXATION ADMINISTRATION ACT 1953 - SECT 8ZF

    Where a corporation is convicted of:

  (a)   a taxation offence (other than a prescribed offence) that, if committed by a natural person, is punishable by imprisonment; or

  (b)   a prescribed offence to which subsection   8E(3) or 8R(2) applies;

the penalty that the court before which the corporation is convicted may impose is a fine not exceeding 5 times the maximum fine that, but for this section, the court could impose as a penalty for the taxation offence.