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 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 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 1936 III - LIABILITY TO TAXATION 2 - Income D - Dividends 44 DIVIDENDS 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 INCOME TAX ASSESSMENT ACT 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-10 - FINANCIAL TRANSACTIONS Division 230 - Taxation of financial arrangements INCOME TAX ASSESSMENT ACT 1997 Section 8-1 General deductions & section 8-5 Specific deductions 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 2-25 - 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 ACT 1997 CHAPTER 6 - THE DICTIONARY PART 6-1 - CONCEPTS AND TOPICS Division 960 - General Subdivision 960-D - Functional currency A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) ACT 1999 Part: 3 - ADMINISTRATION Division: 10 - The Australian Business Register Section: 24 THE AUSTRALIAN BUSINESS REGISTER A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 3 - ADMINISTRATION 10 - The Australian Business Register 24 THE AUSTRALIAN BUSINESS REGISTER 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 IV - RETURNS AND ASSESSMENTS 161D DECLARATION TO BE GIVEN TO REGISTERED TAX AGENT TAXATION ADMINISTRATION ACT 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 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 3-1 - 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 ACT 1997 SECTION 320-45 and SECTION 320-125 Treatment of gains or losses from CGT events happening to CS/FHSA Assets INCOME TAX ASSESSMENT ACT 1997 Section 320-120 Capital gains and losses from ordinary assets INCOME TAX ASSESSMENT ACT 1997 Section 6-5 INCOME TAX ASSESSMENT ACT 1997 Section 6-5 INCOME TAX ASSESSMENT ACT 1997 Division 230 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 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 220 - Imputation for NZ resident companies and related companies 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 III - LIABILITY TO TAXATION 5 - Partnerships 92 INCOME AND DEDUCTIONS OF PARTNER 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 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 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 394 - Forestry managed investment schemes INCOME TAX ASSESSMENT ACT 1997 Section 8-1, Section 8-5 INCOME TAX ASSESSMENT ACT 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-10 - FINANCIAL TRANSACTIONS Division 230 - Taxation of financial arrangements 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 ACT 1997 Division 36 INCOME TAX ASSESSMENT ACT 1997 Section 4-15 INCOME TAX ASSESSMENT ACT 1936 Paragraph 166(a) and paragraph 166A(3)(c) of the Income Tax Assessment Act 1936. INCOME TAX ASSESSMENT ACT 1997 Subsection 4-10(3) - Step 2 of the method statement INCOME TAX ASSESSMENT 1997 4 - INTERNATIONAL ASPECTS OF INCOME TAX 4-5 - GENERAL 770 - Foreign income tax offsets 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 ACT 1986 SECTION 5 - IMPOSITION OF INCOME TAX 5(1) [Tax imposed] Income tax is imposed in accordance with this Act and at the relevant rates declared by the Income Tax Rates Act 1986. 1997 Subsection 4 10(3) of the Income Tax Assessment Act 1997. 1936 Sections 166 and 166A of the Income Tax Assessment Act 1936.In relation to net income, see section 95 of the Income Tax Assessment Act 1936. INCOME TAX ASSESSMENT ACT 1997 SECTION 995-1 Definition of tax offset refund, sections 63-10 and 67-23 of the Income Tax Assessment Act 1997. Subsection 4-10(3) INCOME TAX ASSESSMENT ACT 1997 SUBSECTION 63-10(1) Refundable tax offsets ITEM 40 of Table INCOME TAX ASSESSMENT ACT 1936 Sections 166 and 166A of the Income Tax Assessment Act 1936. INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income, 6B - Income of certain unit trusts, 6C - Income of certain public trading trusts, In relation to net income, see section 95 of the Income Tax Assessment Act 1936 Sections 166 and 166A of the Income Tax Assessment Act 1936. INTERNATIONAL TAX AGREEMENTS ACT 1953 INCOME TAX ASSESSMENT ACT 1936 SECTION 6 - INTERPRETATION, SECTION 6AB - FOREIGN INCOME AND FOREIGN TAX 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 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 1936 X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES INCOME TAX ASSESSMENT 1936 Schedule 10- Part 1 Identifies which countries are listed. Part X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES 1 - Preliminary 320 LISTED COUNTRIES AND UNLISTED COUNTRIES,(sections 316 to 468) Relates to attributed foreign income of Controlled Foreign Companies 320(1) [Definitions] "unlisted country" TAXATION (INTEREST ON OVERPAYMENTS AND EARLY PAYMENTS) ACT 1983 Part: IIA - INTEREST ON EARLY PAYMENTS Section: 8A ENTITLEMENT TO INTEREST TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING Division 18 - Recipient's entitlements and obligations Subdivision 18-A - Crediting withheld amounts; Entitlement to credits: income tax liability SECTION 18-15 TAX CREDIT FOR RECIPIENT OF WITHHOLDING PAYMENTS Subsection18-15(1) TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS Division 45 - Instalment payments Subdivision 45-A - Basic rules SECTION 45-30 CREDIT FOR INSTALMENTS PAYABLE 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 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 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 820 - Thin capitalisation rules INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6 INTERPRETATION 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 3 - SPECIALIST LIABILITY RULES 3-90 - CONSOLIDATED GROUPS 703 - Consolidated groups and their members & 719 - MEC groups INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-85 INTERPOSED ENTITY ELECTION TAX ADMINISTRATION ACT 1953 Part 2-5 Subdivision 12-FB Section 12-315 Payment to Foreign resident etc. INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-25 - TRADING STOCK INCOME TAX ASSESSMENT ACT 1997 SECTION 6-5 Ordinary income 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 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 ACT 1997 Division 230 INCOME TAX ASSESSMENT ACT 1997 Sections 6-5 and 6-10 INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions INCOME TAX ASSESSMENT ACT 1997 Section 290-60 Employer contributions deductible INCOME TAX ASSESSMENT ACT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions INCOME TAX ASSESSMENT ACT 1997 1 - INTRODUCTION AND CORE PROVISIONS SECTION 25-35 INCOME TAX ASSESSMENT ACT 1997 Section 8-1 INCOME TAX ASSESSMENT ACT 1997 Section 8-1 INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS Division 25 - Some amounts you can deduct Operative provisions SECTION 25-10 Repairs INCOME TAX ASSESSMENT ACT 1997 Division 230 INCOME TAX ASSESSMENT ACT 1997 SECTION 100-30 - Does an exception or exemption apply?, SECTION 100-33 - Can there be a roll-over? INCOME TAX ASSESSMENT ACT 1997 SECTION 100-30 - Does an exception or exemption apply?, SECTION 100-33 - Can there be a roll-over? 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 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 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 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 INVESTMENT 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 2 - Income D - Dividends 46FA DEDUCTION FOR DIVIDENDS ON-PAID TO NON-RESIDENT OWNER INCOME TAX ASSESSMENT ACT 1997 Paragraph 8-1(2)(c) INCOME TAX ASSESSMENT ACT 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 SECTION 207-15 Applying the general rule, SECTION 207-20 General rule - gross-up and tax offset INCOME TAX ASSESSMENT ACT 1997 Section 6-5, Section 6-10 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 3 - Deductions A - General 73B CERTAIN EXPENDITURE ON RESEARCH AND DEVELOPMENT ACTIVITIES 73B(1AAA) Object of this section. INCOME TAX ASSESSMENT ACT 1997 Division 70 INCOME TAX ASSESSMENT ACT 1997 Section 8-1 INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-1 - CONCEPTS AND TOPICS 974 - Debt and equity interests 974-B - Debt interests INCOME TAX ASSESSMENT ACT 1997 Division 245 INCOME TAX ASSESSMENT ACT 1997 Section 202-5 Franking a distribution INCOME TAX ASSESSMENT 1997 Section 202-5 Franking a distribution & section 202-45 unfrankable distributions 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 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 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 ACT 1997 Section 8-1 INCOME TAX ASSESSMENT ACT 1997 Section 8-1 INCOME TAX ASSESSMENT ACT 1936 III - LIABILITY TO TAXATION 7- Private Companies 109 EXCESSIVE PAYMENTS TO SHAREHOLDERS, DIRECTORS AND ASSOCIATES DEEMED TO BE DIVIDENDS INCOME TAX ASSESSMENT ACT 1997 Section 8-1 General deduction INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 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 ACT 1936 PART I - PRELIMINARY SECTION 6AB FOREIGN INCOME AND FOREIGN TAX 6AB(1) Foreign income INCOME TAX ASSESSMENT ACT 1997 Division 380 INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-42 - PERSONAL SERVICES INCOME Division 84 - Introduction, Division 85 - Deductions relating to personal services income, Division 86 - Alienation of personal services income, Division 87 - Personal services businesses 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 ACT 1997 Section 295-260 INCOME TAX ASSESSMENT ACT 1997 SECTION 320-15 Assessable income - various amounts Subsection 320-15(1) Subparagraph 320-15(1)(i) 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 insurance 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 ACT 1997 Section 295-555 INCOME TAX ASSESSMENT ACT 1997 Subdivision 295-I Income Tax Rates Act 1986 Section 29 INCOME TAX ASSESSMENT ACT 1997 section 295 625, Section 295 605 of the Income Tax Assessment Act 1997 Assessments are made under section 295 625 of the Income Tax Assessment Act 1997. INCOME TAX ASSESSMENT ACT 1936 PART I - PRELIMINARY SECTION 6AB FOREIGN INCOME AND FOREIGN TAX 6AB(1) Foreign income TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING Division 18 - Recipient's entitlements and obligations Subdivision 18-A - Crediting withheld amounts, Entitlement to credits: income tax liability SECTION 18-15 TAX CREDIT FOR RECIPIENT OF WITHHOLDING PAYMENTS - Section18-15(1) TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS Division 45 - Instalment payments Subdivision 45-A - Basic rules SECTION 45-30 CREDIT FOR INSTALMENTS PAYABLE INCOME TAX ASSESSMENT ACT 1997 CHAPTER 1 - INTRODUCTION AND CORE PROVISIONS PART 1-4 - CHECKLISTS OF WHAT IS COVERED BY CONCEPTS USED IN THE CORE PROVISIONS Division 13 - Tax offsets SECTION 13-1 List of tax offsets TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING Division 18 - Recipient's entitlements and obligations Subdivision 18-A - Crediting withheld amounts, Entitlement to credits: income tax liability SECTION 18-15 TAX CREDIT FOR RECIPIENT OF WITHHOLDING PAYMENTS Section18-15(1) TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS Division 45 - Instalment payments Subdivision 45-A - Basic rules SECTION 45-30 CREDIT FOR INSTALMENTS PAYABLE INCOME TAX ASSESSMENT ACT 1936 PART I - PRELIMINARY SECTION 6D SOME TAX OFFSETS UNDER THE 1997 ASSESSMENT ACT ARE TREATED AS CREDITS INCOME TAX ASSESSMENT ACT 1936 PART III - LIABILITY TO TAXATION Division 17 - Rebates Subdivision B - Miscellaneous SECTION 160ADA MOST TAX OFFSETS UNDER THE 1997 ASSESSMENT ACT ARE TREATED AS REBATES TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING Division 12 - Payments from which amounts must be withheld Subdivision 12-E - Payments where TFN or ABN not quoted INCOME TAX ASSESSMENT ACT 1997 Item 9 of the Table in SUBSECTION 20-5 INCOME TAX ASSESSMENT ACT 1997 SECTION 355-410 Disposal of R&D Results; INCOME TAX ASSESSMENT ACT 1997 Subdivision 355-G Clawback of R&D recoupment INCOME TAX ASSESSMENT ACT 1997 Division 20 I-Amounts included to reverse the effect of past deductions INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS INCOME TAX ASSESSMENT ACT 1997 Division 65 tax offset carry forward rules INCOME TAX ASSESSMENT ACT 1997 Division 67 Refundable tax offsets INCOME TAX ASSESSMENT ACT 1997 SECTION 995-1 Definition of refundable tax offset INCOME TAX ASSESSMENT ACT 1997 Division 67 - Refundable tax offset rules INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS Division 63 Common rules for tax offsets SECTION 63-10(1) ITEM 35 IN TABLE Priority rules for tax offset INCOME TAX ASSESSMENT ACT 1997 SECTION 355-100 R&D Offsets INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS Division 63 Common rules for tax offsets SECTION 63-10(1) ITEM 35 IN TABLE Priority rules for tax offset INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS SECTION 65-30 Tax offsets to be carried forward INCOME TAX ASSESSMENT ACT 1997 SECTION 355-100 R&D Offsets INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS Division 63 Common rules for tax offsets SECTION 63-10(1) ITEM 35 IN TABLE Priority rules for tax offset INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS SECTION 65-30 Tax offsets to be carried forward INCOME TAX ASSESSMENT ACT 1997 SECTION 355-100 R&D Offsets INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS Division 63 Common rules for tax offsets SECTION 63-10(1) ITEM 35 IN TABLE Priority rules for tax offset INCOME TAX ASSESSMENT ACT 1997 SECTION 355-100 R&D Offsets INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-20 - TAX OFFSETS Division 67 - Refundable Tax Offset Rules SECTION 67-23 Refundable tax offsets, SECTION 67-30 Refundable tax offsets - R&D INCOME TAX ASSESSMENT ACT 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS Division 355 - Research and Development Subdivision 355-H - Feedstock adjustments SECTION 355-465 Feedstock adjustment to assessable income, SECTION 355-470 Feedstock revenue, SECTION 355-475 Application to connected entities and affiliates 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 ACT 1997 Chapter: 2 - LIABILITY RULES OF GENERAL APPLICATION Part: 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division: 40 - Capital allowances Subdivision: 40-B - Core provisions Section: 40-25 Deducting amounts for depreciating assets & 40-30 What a depreciating asset is 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 ACT 1997 Chapter: 2 - LIABILITY RULES OF GENERAL APPLICATION Part: 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division: 40 - Capital allowances Subdivision: 40-B - Core provisions Section: 40-25 Deducting amounts for depreciating assets & 40-30 What a depreciating asset is INCOME TAX ASSESSMENT ACT 1997 Chapter: 2 - LIABILITY RULES OF GENERAL APPLICATION Part: 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division: 40 - Capital allowances Subdivision: 40-B - Core provisions Section: 40-25 Deducting amounts for depreciating assets & 40-30 What a depreciating asset is INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division 40 - Capital allowances Subdivision 40-D - Balancing adjustments INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division 40 - Capital allowances Subdivision 40-D - Balancing adjustments INCOME TAX ASSESSMENT ACT 1997 CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division 40 - Capital allowances Subdivision 40-I - Capital expenditure that is deductible over time - Operative provisions SECTION 40-860 Meaning of mining capital expenditure INCOME TAX ASSESSMENT ACT 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS Division 355 - Research and Development Subdivision 355-E - Notional deductions for decline in value of depreciating assets used for R&D activities SECTION 355-315 Balancing adjustments - assets only used for R&D activities, Section 355-315(3) INCOME TAX ASSESSMENT ACT 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS Division 355 - Research and Development Subdivision 355-E - Notional deductions for decline in value of depreciating assets used for R&D activities SECTION 355-315 Balancing adjustments - assets only used for R&D activities, Section 355-315(3) INCOME TAX ASSESSMENT 1997 1997 Chapter: 2 - LIABILITY RULES OF GENERAL APPLICATION Part: 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division: 40 - Capital allowances Section: 40-10 Simplified outline of this Division A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 INCOME TAX ASSESSMENT ACT 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-10 - FINANCIAL TRANSACTIONS Division 230 - Taxation of financial arrangements INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 25 - Some amounts you can deduct SECTION 25-110 Capital expenditure to terminate lease etc. INCOME TAX ASSESSMENT ACT 1997 Section 8-1 General deduction INCOME TAX ASSESSMENT ACT 1997 Section 8-1 General deduction INCOME TAX ASSESSMENT 1997 974 - Debt and equity interests INCOME TAX ASSESSMENT ACT 1997 Section 8-1 INCOME TAX ASSESSMENT ACT 1997 Division 230 INCOME TAX ASSESSMENT ACT 1997 974 - Debt and equity interests INCOME TAX ASSESSMENT ACT 1936 1936 Part: I - PRELIMINARY 6 INTERPRETATION 6(1) [Definitions] royalty or royalties INCOME TAX ASSESSMENT ACT 1997 Section 8-1 General Deductions INCOME TAX ASSESSMENT ACT 1936 1936 PART I - PRELIMINARY 6 INTERPRETATION 6(1AA) [No meaning for purposes of 1997 Act] 6(1) [Definitions] INCOME TAX ASSESSMENT ACT 1997 1997 Section 8-1 General Deductions 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 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 ACT 1997 CHAPTER 6 - THE DICTIONARY PART 6-1 - CONCEPTS AND TOPICS Division 960 - General Subdivision 960-D - Functional currency SECTION 960-80 Translation rules, SECTION 960-85 Special rule about translation - events that happened before the current choice took effect TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING TAXATION ADMINISTRATION ACT 1953 SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES Chapter 2 - Collection, recovery and administration of income tax PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING Division 12 - Payments from which amounts must be withheld Subdivision 12-E - Payments where TFN or ABN not quoted Payment for a supply SECTION 12-190 RECIPIENT DOES NOT QUOTE ABN TAX ADMINISTRATION ACT 1953 Part 2-5 Subdivision 12-FB Section 12-315 Payment to Foreign resident etc TAX ADMINISTRATION ACT 1953 Part 2-5 Section 12-190 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-G - Capital expenditure of primary producers and other landholders 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 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 CORPORATIONS ACT 2001 Chapter 5B - Bodies Corporate Registered as Companies, and Registrable Bodies Part 5B.3 - Names of Registrable Australian Bodies and Foreign Companies Section 601DE - Using a name and ARBN Corporations 2001 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 leave 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.