A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 INCOME TAX ASSESSMENT 1936 IV - RETURNS AND ASSESSMENTS 161D DECLARATION TO BE GIVEN TO REGISTERED TAX AGENT INCOME TAX ASSESSMENT 1936 IV - RETURNS AND ASSESSMENTS 161D DECLARATION TO BE GIVEN TO REGISTERED TAX AGENT THE CORPORATIONS LAW . 5 - EXTERNAL ADMINISTRATION 5.6 - WINDING UP GENERALLY 4 - General 545 EXPENSES OF WINDING UP WHERE PROPERTY INSUFFICIENT INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 INCOME TAX ASSESSMENT 1936 VIII - MISCELLANEOUS 252 PUBLIC OFFICER OF COMPANY 252(1), 252(2) [Requirements for public officer], 252(3) [Offence], 252(4) [Strict liability], 252(5) [Taxation Administration Act, Pt III] & 252(6) [Interpretation] INCOME TAX ASSESSMENT 1936 VIII - MISCELLANEOUS 252 PUBLIC OFFICER OF COMPANY 252(1), 252(2) [Requirements for public officer], 252(3) [Offence], 252(4) [Strict liability], 252(5) [Taxation Administration Act, Pt III] & 252(6) [Interpretation] INCOME TAX ASSESSMENT 1936 VIII - MISCELLANEOUS 252 PUBLIC OFFICER OF COMPANY 252(1), 252(2) [Requirements for public officer], 252(3) [Offence], 252(4) [Strict liability], 252(5) [Taxation Administration Act, Pt III] & 252(6) [Interpretation] INCOME TAX ASSESSMENT 1936 VIII - MISCELLANEOUS 252 PUBLIC OFFICER OF COMPANY 252(1), 252(2) [Requirements for public officer], 252(3) [Offence], 252(4) [Strict liability], 252(5) [Taxation Administration Act, Pt III] & 252(6) [Interpretation] INCOME TAX ASSESSMENT 1936 VIII - MISCELLANEOUS 252 PUBLIC OFFICER OF COMPANY 252(1), 252(2) [Requirements for public officer], 252(3) [Offence], 252(4) [Strict liability], 252(5) [Taxation Administration Act, Pt III] & 252(6) [Interpretation] A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-25 - TRADING STOCK 70 - Trading stock 70-C - Accounting for trading stock you hold at the start or end of the income year INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-25 - TRADING STOCK 70 - Trading stock 70-C - Accounting for trading stock you hold at the start or end of the income year 70-35 You include the value of your trading stock in working out your assessable income and deductions & 70-45 Value of trading stock at end of income year 70-35(1), 70-35(2) & 70-35(3) INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 974 - Debt and equity interests INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-B - Core provisions 40-25 Deducting amounts for depreciating assets & 40-30 What a depreciating asset is Tax Laws Amendment (Taxation of Financial Arrangements) 2009 Tax Laws Amendment (Taxation of Financial Arrangements) 2009 INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 2 - Income D - Dividends 44 DIVIDENDS A New Tax System (Australian Business Number) 1999 2 - Registering for ABN Purposes 5 - Your obligations if you are registered A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 3 - ADMINISTRATION 10 - The Australian Business Register 24 THE AUSTRALIAN BUSINESS REGISTER TAXATION ADMINISTRATION 1953 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES 2 - Collection, recovery and administration of income tax 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING 12 - Payments from which amounts must be withheld 12-E - Payments where TFN or ABN not quoted 12-190 RECIPIENT DOES NOT QUOTE ABN INCOME TAX ASSESSMENT 1936 IV - RETURNS AND ASSESSMENTS 161D DECLARATION TO BE GIVEN TO REGISTERED TAX AGENT INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-85 INTERPOSED ENTITY ELECTION INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS 100 - A Guide to capital gains and losses 100-10 Fundamentals of CGT & 100-50 How to work out your net capital gain or loss INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-35 - INSURANCE BUSINESS 320 - Life insurance companies 320-A - Preliminary, 320-B - What is included in a life insurance company's assessable income, 320-C - Deductions and capital losses, 320-D - Income tax, taxable income and tax loss of life insurance companies, 320-E - No-TFN contributions of life insuran INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS 100 - A Guide to capital gains and losses 100-10 Fundamentals of CGT INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 220 - Imputation for NZ resident companies and related companies INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6AAA - Special provisions relating to non-resident trust estates etc. B - Payment of interest by taxpayer on distributions from certain non-resident trust estates 102AAM PAYMENT OF INTEREST BY TAXPAYER ON DISTRIBUTIONS FROM CERTAIN NON-RESIDENT TRUST ESTATES INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 36 - Tax losses of earlier income years 36-A - Deductions for tax losses of earlier income years 36-17 How to deduct tax losses of corporate tax entities INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 5 - Partnerships 92 INCOME AND DEDUCTIONS OF PARTNER INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 394 - Forestry managed investment schemes INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 394 - Forestry managed investment schemes INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 43 - Deductions for capital works 43-A - Key operative provisions 43-10 Deductions for capital works, 43-20 Capital works to which this Division applies & 43-25 Rate of deduction INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 4 - INTERNATIONAL ASPECTS OF INCOME TAX 4-5 - GENERAL 770 - Foreign income tax offsets Tax Laws Amendment (Taxation of Financial Arrangements) 2009 INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division Tax Laws Amendment (Taxation of Financial Arrangements) 2009 1997 INCOME TAX ASSESSMENT 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 230 - Taxation of financial arrangements 1997 INCOME TAX ASSESSMENT 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 230 - Taxation of financial arrangements INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1936 INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 205- Franking accounts, franking deficit tax liabilities and the related tax offset 205-20 Paying a PAYG instalment or income tax INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 36 - Tax losses of earlier income years 36-A - Deductions for tax losses of earlier income years 36-10 How to calculate a tax loss for an income year TAXATION ADMINISTTRATION 1953 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES 5 - Administration 5-25 - RECORD-KEEPING AND OTHER OBLIGATIONS OF TAXPAYERS 388 - Requirements about giving material to the Commissioner 388-B - General provisions 388-50 APPROVED FORMS INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 4 - How to work out the income tax payable on your taxable income 4-15 How to work out your taxable income A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 TAXATION (INTEREST ON OVERPAYMENTS AND EARLY PAYMENTS) 1983 IIB - INTEREST ON OVERPAYMENTS RESULTING FROM ASSESSMENTS 8G ENTITLEMENT TO INTEREST - FULL SELF-ASSESSMENT TAXPAYERS INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-25 - TRADING STOCK 70 - Trading stock 70-A - What is trading stock 70-10 Meaning of trading stock Corporations 2001 A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 Income Tax Assessment Act 1997 160-20(1)c Income Tax Assessment Act 1997 S160 20(1)a INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 36 - Tax losses of earlier income years 36-A - Deductions for tax losses of earlier income years , 36-B - Effect of you becoming bankrupt & 36-C - Excess franking offsets 36-1 What this Division is about INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS 102 - Assessable income includes net capital gain 102-15 How to apply net capital losses INCOME TAX ASSESSMENT 1936 X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES INCOME TAX ASSESSMENT 1936 X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES 1 - Preliminary 320 LISTED COUNTRIES AND UNLISTED COUNTRIES, 320(1) [Definitions] "unlisted country" INCOME TAX ASSESSMENT 1936 X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES 3 - Control interests, attribution interests, attributable taxpayers and attribution percentages A - Control interests 349 ASSOCIATE-INCLUSIVE CONTROL INTEREST IN A COMPANY OR TRUST TAXATION ADMINISTRATION REGULATIONS 1976 5 - PAY AS YOU GO WITHHOLDING 6 - Withholding - payments to foreign residents etc INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 207 - Effect of receiving a franked distribution 207-A - Effect of receiving a franked distribution generally 207-15 Applying the general rule INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division FRINGE BENEFITS TAX ASSESSMENT 1986 XII - INTERPRETATION 136 INTERPRETATION 136(1) [Definitions] "recipients contribution" INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-1 - ASSESSABLE INCOME 15 - Some items of assessable income 15-10 Bounties and subsidies, 15-65 Sugar industry exit grants INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 7- Private Companies 109 EXCESSIVE PAYMENTS TO SHAREHOLDERS, DIRECTORS AND ASSOCIATES DEEMED TO BE DIVIDENDS INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6 INTERPRETATION 6(1) [Definitions] royalty or royalties INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6 INTERPRETATION 6(1AA) [No meaning for purposes of 1997 Act] 6(1) [Definitions] INCOME TAX ASSESSMENT 1936 X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES 3 - Control interests, attribution interests, attributable taxpayers and attribution percentages A - Control interests 349 ASSOCIATE-INCLUSIVE CONTROL INTEREST IN A COMPANY OR TRUST INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-I - Capital expenditure that is deductible over time 40-830 Project pools, 40-832 Project pools for post-9 May 2006 projects, 40-840 Meaning of project amount, 40-845 Project life, 40-860 Meaning of mining capital expenditure & 40-865 Meaning of transport capital expenditure INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-I - Capital expenditure that is deductible over time 40-880 Business related costs INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-H - Capital expenditure that is immediately deductible 40-755 Environmental protection activities INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-25 - TRADING STOCK 70 - Trading stock 70-A - What is trading stock 70-10 Meaning of trading stock INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-60 When a depreciating asset starts to decline in value 40-25 Deducting amounts for depreciating assets, 40-30 What a depreciating asset is & 40-60 When a depreciating asset starts to decline in value INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-60 When a depreciating asset starts to decline in value 40-25 Deducting amounts for depreciating assets, 40-30 What a depreciating asset is & 40-60 When a depreciating asset starts to decline in value INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-D - Balancing adjustments 40-285 Balancing adjustments, 40-290 Reduction for non-taxable use, 40-295 Meaning of balancing adjustment event, 40-300 Meaning of termination value & 40-305 Amount you are taken to have received under a balancing adjustment event INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-D - Balancing adjustments 40-285 Balancing adjustments, 40-290 Reduction for non-taxable use, 40-295 Meaning of balancing adjustment event, 40-300 Meaning of termination value & 40-305 Amount you are taken to have received under a balancing adjustment event INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts National Rental Affordability Scheme (Consequential Amendments) 2008 Tax Laws Amendment (Taxation of Financial Arrangements) 2009 INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division FRINGE BENEFITS TAX ASSESSMENT 1986 TAXATION ADMINISTRATION REGULATIONS 1976 5 - PAY AS YOU GO WITHHOLDING 5 - Withholding - payment for work or services INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 9 - Co-operative and mutual companies 117 CO-OPERATIVE COMPANIES INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 36 - Tax losses of earlier income years 36-C - Excess franking offsets 36-55 Converting excess franking offsets into tax loss INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-F - Primary production depreciating assets 40-515 Water facilities and horticultural plants, 40-530 When a water facility or horticultural plant starts to decline in value & 40-540 How you work out the decline in value for water facilities INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 25 - Some amounts you can deduct 25-110 Capital expenditure to terminate lease etc. INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 974 - Debt and equity interests INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 11A - Dividends, interest and royalties paid to non-residents and to certain other persons A - General 128B LIABILITY TO WITHHOLDING TAX INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-15 - NON-ASSESSABLE INCOME 59 - Particular amounts of non-assessable non-exempt income 59-35 Amounts that would be mutual receipts but for prohibition on distributions to members INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 9A - Offshore banking units C - Operative provisions 121EG REDUCTION OF ASSESSABLE OB INCOME, ALLOWABLE OB DEDUCTIONS AND FOREIGN INCOME TAX PAID 121EG(1) Only eligible fraction of assessable OB income is assessable, 121EG(2) Only eligible fraction of allowable OB deductions is allowable, 121EG(3) Remaining amounts not exempt income etc. & 121EG(4) Meaning of eligible fraction. INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 376 - Films generally (tax offsets for Australian production expenditure) INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 36 - Tax losses of earlier income years 36-A - Deductions for tax losses of earlier income years 36-17 How to deduct tax losses of corporate tax entities INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 960 - General 960-D - Functional currency 960-75 What is a transferor trust? INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-1 - ASSESSABLE INCOME 15 - Some items of assessable income 15-10 Bounties and subsidies, 15-65 Sugar industry exit grants INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 16K - Effect of buy-backs of shares C - Off-market purchases 159GZZZP PART OF OFF-MARKET PURCHASE PRICE IS A DIVIDEND & 159GZZZQ CONSIDERATION IN RESPECT OF OFF-MARKET PURCHASE INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 7A - Distributions to entities connected with a private company INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-85 INTERPOSED ENTITY ELECTION INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-35 - INSURANCE BUSINESS 320 - Life insurance companies 320-B - What is included in a life insurance company's assessable income 320-15 Assessable income - various amounts 320-15(1)(k), 320-15(2) & 320-15(3) 320-15(1)(k) INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-35 - INSURANCE BUSINESS 320 - Life insurance companies 320-A - Preliminary, 320-B - What is included in a life insurance company's assessable income, 320-C - Deductions and capital losses, 320-D - Income tax, taxable income and tax loss of life insurance companies, 320-E - No-TFN contributions of life insuran INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-90 - CONSOLIDATED GROUPS 703 - Consolidated groups and their members & 719 - MEC groups INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-25 - TRADING STOCK INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 974 - Debt and equity interests INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 974 - Debt and equity interests INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6AB FOREIGN INCOME AND FOREIGN TAX INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 1 - General 23AH FOREIGN BRANCH INCOME OF AUSTRALIAN COMPANIES NOT ASSESSABLE, 23AJ CERTAIN NON-PORTFOLIO DIVIDENDS FROM FOREIGN COUNTRIES NOT ASSESSABLE INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 2 - Income D - Dividends 46FA DEDUCTION FOR DIVIDENDS ON-PAID TO NON-RESIDENT OWNER INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-H - Capital expenditure that is immediately deductible 40-730 Deduction for expenditure on exploration or prospecting, 40-735 Deduction for expenditure on mining site rehabilitation & 40-750 Deduction for payments of petroleum resource rent tax INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-20 Exempt income INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 1 - General 23AH FOREIGN BRANCH INCOME OF AUSTRALIAN COMPANIES NOT ASSESSABLE, 23AI AMOUNTS PAID OUT OF ATTRIBUTED INCOME NOT ASSESSABLE, 23AJ CERTAIN NON-PORTFOLIO DIVIDENDS FROM FOREIGN COUNTRIES NOT ASSESSABLE, 23AK AMOUNTS PAID OUT OF ATTRIBUTED FOREIGN INVES INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 974 - Debt and equity interests 974-B - Debt interests INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 243 - Limited recourse debt INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 205 - Franking accounts, franking deficit tax liabilities and the related tax offset INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 7A - Distributions to entities connected with a private company INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 7A - Distributions to entities connected with a private company INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-35 - INSURANCE BUSINESS 320 - Life insurance companies 320-B - What is included in a life insurance company's assessable income 320-15 Assessable income - various amounts 320-15(1), 320-15(2) & 320-15(3) 320-15(1)(k) INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-5 - CORPORATE TAXPAYERS AND CORPORATE DISTRIBUTIONS 195 - Special types of company 195-A - Pooled development funds (PDFs) INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 10E - PDFs (pooled development funds) B - The taxable income of PDFs 124ZV UNREGULATED INVESTMENT COMPONENT 124ZV(1) Full-year PDFs. & 124ZV(2) Part-year PDFs INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 205 - Franking accounts, franking deficit tax liabilities and the related tax offset 205-70 Tax offset arising from franking deficit tax liabilities First Home Savers Accounts (Consequential Amendments) 2008 First Home Savers Accounts (Consequential Amendments) 2008 First Home Savers Accounts (Consequential Amendments) 2008 RETIREMENT SAVINGS ACCOUNTS 1997 INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 3 - Deductions A - General 73B CERTAIN EXPENDITURE ON RESEARCH AND DEVELOPMENT ACTIVITIES 73B(1AAA) Object of this section. INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6 INTERPRETATION INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-20 Exempt income 6-20(1) INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-B - Core provisions 40-25 Deducting amounts for depreciating assets, 40-30 What a depreciating asset is & 40-40 Meaning of hold a depreciating asset INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 - PERSONAL SERVICES INCOME 84 - Introduction, 85 - Deductions relating to personal services income, 86 - Alienation of personal services income & 87 - Personal services businesses INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 13 - International agreements and determination of source of certain income INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 13 - International agreements and determination of source of certain income INCOME TAX ASSESSMENT 1997 4 - INTERNATIONAL ASPECTS OF INCOME TAX 4-5 - GENERAL 820 - Thin capitalisation rules Tax Laws Amendment (Research and Development) Act 2011 2011 355-465 Section 355-465 of the Tax Laws Amendment (Research and Development) Act 2011 Tax Laws Amendment (Research and Development) Act 2011 2011 35-100 Section 355-100 of the of the Tax Laws Amendment (Research and Development) Act 2011 INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 328 - Small business entities 328-B - Objects of this Division, 328-C - What is a small business entity, 328-D - Capital allowances for small business entities, 328-E - Trading stock for small business entities, 328-F - Entities eligible to be STS taxpayers & 328-G - Entering and leav Tax Laws Amendment Act 2012 2012 3 1 The pre rules means the amendments made by Part 1 to Schedule 3 of the Tax Laws Amendment (2012 measures No.2) Act 2012. The proposed rules on the changes to IOP, SIC and administrative penalties were introduced in Schedule 3 to the Tax Laws Amendment (2012 Measures No.4) Bill 2012 on 27 June 2012. Tax Laws Amendment Act 2012. 2012 3 1 and 2 The interim rules means the amendments made by Parts 1 and 2 to Schedule 3 of the Tax Laws Amendment (2012 measures No.2) Act 2012. The proposed rules on the changes to IOP, SIC and administrative penalties were introduced in Schedule 3 to the Tax Laws Amendment (2012 measures No.4) Bill 2012 on 27 June 2012. Tax Laws Amendment Act 2012 2012 3 1, 2 and 3 The prospective rules means the amendments made by Parts 1, 2 and 3 to Schedule 3 of the Tax Laws Amendment (2012 measures No.2) Act 2012. Income Tax Assessment Act 1997 160-15(2) Income Tax Assessment Act 1997 S160 15(2) INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income Income Tax Assessment Act 1997 160-15(2) 1936 Income Tax Assessment Act 166A(3)(c) 1936 Income Tax Assessment Act 6(1) Income Tax Assessment Act 1997 160-15(2) Income Tax Assessment Act 1997 S160 15(2) Tax Laws Amendment (Taxation of Financial Arrangements) 2009 INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts