ASIC Late Payment

Question

ASIC Late Payment

 · Accepted Answer

MelATO · Answer

Penalties or fines imposed by statutory bodies as a result of breaches of an Australian law are not deductible. See the asic.gov.au (https://asic.gov.au/) website for more information on late payment of ASIC levies. However, ASIC levies are tax deductible.

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