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 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 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-B - Distribution of income or capital 272-55 PARTNERSHIP DISTRIBUTION TO PARTNER INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-B - Distribution of income or capital 272-55 PARTNERSHIP DISTRIBUTION TO PARTNER INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-B - Distribution of income or capital 272-55 PARTNERSHIP DISTRIBUTION TO PARTNER INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-B - Distribution of income or capital 272-55 PARTNERSHIP DISTRIBUTION TO PARTNER 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 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 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 328 - Small business entities 328-E - Trading stock for small business entities 328-285 Trading stock for small business entities 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 70-40 Value of trading stock at start of income year INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-5 Income according to ordinary concepts (ordinary income) & 6-10 Other assessable income (statutory income) INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-5 Income according to ordinary concepts (ordinary income) , 6-10 Other assessable income (statutory income) 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 VA - Tax File Numbers 3 - Quotation of tax file numbers by recipients of eligible PAYG payments 202CD SENDING OF TFN DECLARATION TO COMMISSIONER & 202CF PAYER MUST NOTIFY COMMISSIONER IF NO TFN DECLARATION BY RECIPIENT A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 2 - REGISTERING FOR ABN PURPOSES 5 - Your obligations if you are registered 16 APPLICATION OF SECTIONS 14 AND 15 TO PARTNERSHIPS, UNINCORPORATED ASSOCIATIONS AND BODIES AND CERTAIN RSE LICENSEES A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) 1999 3 - ADMINISTRATION 10 - The Australian Business Register 24 THE AUSTRALIAN BUSINESS REGISTER INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-5 Income according to ordinary concepts (ordinary income) 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 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 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-85 INTERPOSED ENTITY ELECTION 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 5 - Partnerships 90 INTERPRETATION & 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 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-5 Income according to ordinary concepts (ordinary income) 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 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 INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions & 8-5 Specific deductions Tax Laws Amendment (Taxation of Financial Arrangements) 2009 Tax Laws Amendment (Taxation of Financial Arrangements) 2009 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 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 - Capital allowances 40-10 Simplified outline of this Division INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6 INTERPRETATION 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 205-15 Franking credits 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 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 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 2 - Income D - Dividends 44 DIVIDENDS INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income 97 BENEFICIARY NOT UNDER ANY LEGAL DISABILITY 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 1936 III - LIABILITY TO TAXATION 6AAA - Special provisions relating to non-resident trust estates etc. A - Preliminary 102AAE LISTED COUNTRY TRUST ESTATES INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 207 - Effect of receiving a franked distribution 207-B - Franked distribution received through certain partnerships and trustees 207-57 Share of the franking credit on a franked distribution INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions Taxation Administration Regulations 1976 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-B - Franked distribution received through certain partnerships and trustees 207-45 Tax offset - distribution flows indirectly to an entity HIGHER EDUCATION FUNDING 1988 4 Higher Education Contribution Scheme 4.2 CONTRIBUTIONS 44. Issuing of tax file numbers 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 2-1 - ASSESSABLE INCOME 15 - Some items of assessable income 15-10 Bounties and subsidies 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 5 - ADMINISTRATION 5-30 - RECORD-KEEPING AND OTHER OBLIGATIONS 900 - Substantiation rules 900-B - Substantiating work expenses 900-30 Meaning of work expense 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 2-10 - 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-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 (TRANSITIONAL PROVISIONS) 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 328 - Small business entities 328-120 Continuing to use the STS accounting method 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 2-25 - TRADING STOCK 70 - Trading stock 70-C - Accounting for trading stock you hold at the start or end of the income year 70-50 Valuation if trading stock obsolete etc. 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 & 40-60 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-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 & 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 1997 5 - ADMINISTRATION 5-30 - RECORD-KEEPING AND OTHER OBLIGATIONS 900 - Substantiation rules 900-B - Substantiating work expenses 900-30 Meaning of work expense National Rental Affordability Scheme (Consequential Amendments) 2008 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 3-90 - CONSOLIDATED GROUPS 713 - Rules for particular kinds of entities 713-E - Partnerships 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 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 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 25 - Some amounts you can deduct 25-35 Bad debts INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions 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 25 - Some amounts you can deduct 25-10 Repairs INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions 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 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 12-140 RECIPIENT DOES NOT QUOTE TAX FILE NUMBER & 12-145 INVESTOR BECOMING PRESENTLY ENTITLED TO INCOME OF A UNIT TRUST 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-F - Dividend, interest and royalty payments 12-210 DIVIDEND PAYMENT TO OVERSEAS PERSON, 12-215 DIVIDEND PAYMENT RECEIVED FOR FOREIGN RESIDENT, 12-250 INTEREST PAYMENT RECEIVED FOR FOREIGN RESIDENT, 12-280 ROYALTY PAYMENT TO OVERSEAS PERSON & 12-285 ROYALTY PAYMENT RECEIVED FOR FOREIGN RESIDENT INCOME TAX ASSESSMENT 1936 I - PRELIMINARY 6 INTERPRETATION 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 25-5 Tax-related expenses, 25-10 Repairs, 25-20 Lease document expenses, 25-25 Borrowing expenses & 25-30 Expenses of discharging a mortgage 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 12-140 RECIPIENT DOES NOT QUOTE TAX FILE NUMBER & 12-145 INVESTOR BECOMING PRESENTLY ENTITLED TO INCOME OF A UNIT TRUST 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 12-140 RECIPIENT DOES NOT QUOTE TAX FILE NUMBER , 12-160 INVESTMENT BODY UNAWARE THAT EXEMPTION FROM QUOTING TFN HAS STOPPED APPLYING, 12-165 EXCEPTION FOR FULLY FRANKED DIVIDEND & 12-170 EXCEPTION FOR PAYMENTS BELOW THRESHOLDS SET BY REGULATIONS INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-5 Income according to ordinary concepts (ordinary income) & 6-10 Other assessable income (statutory income) INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions & 8-5 Specific deductions INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 5 - Partnerships 90 INTERPRETATION & 92 INCOME AND DEDUCTIONS OF PARTNER INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 3 - Deductions H - Period of deductibility of certain advance expenditure 82KZM EXPENDITURE BY SMALL BUSINESS ENTITIES AND INDIVIDUALS INCURRING NON-BUSINESS EXPENDITURE, 82KZMA APPLICATION OF SECTION 82KZMD, 82KZMB EXPENDITURE WITH ELIGIBLE SERVICE PERIOD ENDING UP TO 13 MONTHS LATER, 82KZMC LIMITING THE TOTALS OF LATER YEAR AMOUNTS, 82KZMD BUSINESS EXPENDITURE AND NON-BUSINESS EXPENDITURE BY NON-INDIVIDUAL, 82KZME EXPENDITURE UNDER SOME AGREEMENTS & 82KZMF PROPORTIONAL DEDUCTION Tax Laws Amendment (2009 Measures No. 1) 2009 Tax Laws Amendment (2009 Measures No. 1) 2009 INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-B - Distribution of income or capital 272-55 PARTNERSHIP DISTRIBUTION TO PARTNER 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-F - Dividend, interest and royalty payments 12-210 DIVIDEND PAYMENT TO OVERSEAS PERSON, 12-215 DIVIDEND PAYMENT RECEIVED FOR FOREIGN RESIDENT, 12-250 INTEREST PAYMENT RECEIVED FOR FOREIGN RESIDENT, 12-280 ROYALTY PAYMENT TO OVERSEAS PERSON & 12-285 ROYALTY PAYMENT RECEIVED FOR FOREIGN RESIDENT 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 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS 28 - Car expenses 28-C - The ``cents per kilometre'' method, 28-D - The ``12% of original value'' method, 28-E - The ``one-third of actual expenses'' method & 28-F - The ``log book'' method 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 X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES 3 - Control interests, attribution interests, attributable taxpayers and attribution percentages 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 INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 5 - Partnerships 94 PARTNER NOT HAVING CONTROL AND DISPOSAL OF SHARE IN PARTNERSHIP INCOME TAXATION ADMINISTRATION 1953 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES 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 12-140 RECIPIENT DOES NOT QUOTE TAX FILE NUMBER 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 2-42 - PERSONAL SERVICES INCOME 87 - Personal services businesses 87-A - General 87-18 The results test for a personal services business INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 - PERSONAL SERVICES INCOME 84 - Introduction 84-5 Meaning of personal services income 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 328 - Small business entities 328-D - Capital allowances for small business entities 328-180 Low cost assets INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 328 - Small business entities 328-D - Capital allowances for small business entities 328-185 Pooling INCOME TAX ASSESSMENT 1997 2 -A LIABILITY RULES OF GENERAL APPLICATION INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 - PERSONAL SERVICES INCOME 87 - Personal services businesses 87-A - General 87-20 The unrelated clients test for a personal services business INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 - PERSONAL SERVICES INCOME 87 - Personal services businesses 87-A - General 87-25 The employment test for a personal services business INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 - PERSONAL SERVICES INCOME 87 - Personal services businesses 87-A - General 87-30 The business premises test for a personal services business 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 40-95 Choice of determining effective life & 40-105 Self-assessing effective life 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 40-85 Meaning of adjustable value and opening adjustable value of a depreciating asset 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 40-110 Recalculating effective life 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 2-42 - PERSONAL SERVICES INCOME 86 - Alienation of personal services income 86-A - General 86-15 Effect of obtaining personal services income through a personal services entity INCOME TAX ASSESSMENT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 - PERSONAL SERVICES INCOME 86 - Alienation of personal services income 86-A - General 86-20 Offsetting the personal services entity's deductions against personal services income INCOME TAX ASSESSMENT 1977 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 & 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 INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income 97 BENEFICIARY NOT UNDER ANY LEGAL DISABILITY INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income 97 BENEFICIARY NOT UNDER ANY LEGAL DISABILITY