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 70-45 Value of trading stock at end of 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 70-40 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 40-B - Core provisions 40-25 Deducting amounts for depreciating assets & 40-30 What a depreciating asset is INCOME TAX ASSESSMENT ACT 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 1936 III - LIABILITY TO TAXATION 6D - Provisions relating to certain closely held trusts B - Interpretation 102UC CLOSELY HELD TRUST INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6D - Provisions relating to certain closely held trusts B - Interpretation 102UC CLOSELY HELD TRUST INCOME TAX ASSESSMENT ACT 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 3 - ADMINISTRATION 10 - The Australian Business Register 24 THE AUSTRALIAN BUSINESS REGISTER INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-80 FAMILY TRUST ELECTION 272-80(1) Nature of election 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 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-85 INTERPOSED ENTITY ELECTION 1997 INCOME TAX ASSESSMENT 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 36-15 How to deduct tax losses of entities other than corporate tax entities INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS 102 - Assessable income includes net capital gain 102-5 Assessable income includes net capital gain INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-5 - DICTIONARY DEFINITIONS 995 - Definitions 995-1 Definitions 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 207-35 Gross-up - distribution made to, or flows indirectly through, a partnership or trustee INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-5 - DICTIONARY DEFINITIONS 995 - Definitions 995-1 Definitions franking credit INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 207 - Effect of receiving a franked distribution 207-5 Overview 1997 INCOME TAX ASSESSMENT 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 36-15 How to deduct tax losses of entities other than corporate tax entities 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 207-35 Gross-up - distribution made to, or flows indirectly through, a partnership or trustee INCOME TAX ASSESSMENT ACT 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 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 ACT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 394 - FORESTRY MANAGED INVESTMENT SCHEMES 394-10 Deduction for amounts paid under 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 4 - INTERNATIONAL ASPECTS OF INCOME TAX 4-5 - GENERAL 770 - Foreign income tax offsets INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 230 - Taxation of financial arrangements 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 1997 3-10 - Financial transactions 230 - Taxation of Financial Arrangements 230-A - Corr rules 230-15 Gains are assessable and losses deductible INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 230 - Taxation of financial arrangements INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions 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 3 - SPECIALIST LIABILITY RULES 3-6 - THE IMPUTATION SYSTEM 207-B- Franked distributions received through certain partnerships and trustees 207-37 Attributable franked distribution - trusts INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 230 - Taxation of financial arrangements INCOME TAX ASSESSMENT 1997 6 - THE DICTIONARY 6-5 - DICTIONARY DEFINITIONS 995 - Definitions 995-1 Definitions 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 ACT 1936 Part III - Liability to Taxation Division 2 - Income Subdivision D - Dividends Section 44 - Dividends INCOME TAX ASSESSMENT 1936 2F - TRUST LOSSES AND OTHER DEDUCTIONS 272 - Interpretation 272-D - Family trust etc. 272-80 FAMILY TRUST ELECTION & 272-85 INTERPOSED ENTITY ELECTION INCOME TAX ASSESSMENT ACT 1936 III - LIABILITY TO TAXATION 2 - Income A - Assessable income generally 26AH BONUSES AND OTHER AMOUNTS RECEIVED IN RESPECT OF CERTAIN SHORT-TERM LIFE ASSURANCE POLICIES INCOME TAX ASSESSMENT ACT 1936 6(1) "ROYALTY OR ROYALTIES" TAXATION (INTEREST ON OVERPAYMENTS AND EARLY PAYMENTS) 1983 IIA - INTEREST ON EARLY PAYMENTS 8A ENTITLEMENT TO INTEREST 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 & 6-10 Other assessable income 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 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 6 - Assessable income and exempt income 6-5 Income according to ordinary concepts & 6-10 Other assessable income 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 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 Division 207 - Effect of receiving a franked distribution 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 207-35 Gross-up - distribution made to, or flows indirectly through, a partnership or trustee Fringe Benefits Tax Assessment Act 1986 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 7A - Distributions to entities connected with a private company G - Defined terms 109ZD Defined terms 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 2-5 Rules about deductibility of particular kinds of amounts 26 - Some amounts you cannot deduct, or cannot deduct in full 26-25 - Interest or royalty TAXATION ADMINISTRATION ACT 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-FB - Payments to foreign residents 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-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 2-25 - 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 40-60 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 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 2008 INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 380 - National Rental Affordability Scheme INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6D - Provisions relating to certain closely held trusts A _ Overview 102UA What this division is all about 102UA Main purpose INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-10 - FINANCIAL TRANSACTIONS 230 - Taxation of financial arrangements INCOME TAX ASSESSMENT ACT 1997 1 - INTRODUCTION AND CORR PROVISIONS 1-3 - Corr provisions 8 - Deductions 8-5 Specific deductions INCOME TAX ASSESSMENT ACT 1997 1 - INTRODUCTION AND CORR PROVISIONS Part 1-4 Checklists of what is covered by corr provisions concepts 12-5 Particular kinds of deductions INCOME TAX ASSESSMENT ACT 1997 1 - INTRODUCTION AND CORR PROVISIONS Part 3-30 Superannuation 290 Contributions to superannuation funds 290-B Deduction of employer contributions and other employment-connected contributions INCOME TAX ASSESSMENT ACT 1997 1 - INTRODUCTION AND CORR PROVISIONS 2-5 Rules about deductibility of particular kinds of amounts 26 - Some amounts you cannot deduct, or cannot deduct in full 26-90 Superannuation Guarantee charge INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-90 - CONSOLIDATED GROUPS 713 - Rules for particular kinds of entities 713-A - Trusts TAXATION ADMINISTRATION ACT 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 HAS NOT BEEN QUOTED 12-190 RECIPIENT DOES NOT QUOTE ABN TAXATION ADMINISTRATION ACT 1953 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES 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 Section 18-25 Tax credit where recipient is a trust TAXATION ADMINISTRATION ACT 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 ACT 1953 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES 2 - Collection, recovery and administration of income tax Part: 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING 18 - Recipient's entitlements and obligations 18-A - Crediting withheld amounts Section 18-25 Tax credit where recipient is a trust 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 ACT 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 ACT 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 18 - Recipient's entitlements and obligations 18-A - Crediting withheld amounts 18-25 Tax credit where recipient is a trust TAXATION ADMINISTRATION ACT 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 ACT 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, 12-245 INTEREST PAYMENT TO OVERSEAS PERSON, 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 I-1 - PRELIMINARY 6 Assessable income and exempt income 6-5 Income according to ordinary concepts 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 ACT 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 ACT 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 92 Income and deductions of partners INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions INCOME TAX ASSESSMENT 1997 4 - INTERNATIONAL ASPECTS OF INCOME TAX 4-5 - GENERAL 820 - Thin capitalisation rules 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 6 - Trust income INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income TAXATION ADMINISTRATION ACT 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-FB - Payments to Foreign Residents etc 12-315 - Payment to Foreign Resident etc; 12-317 - Payment Received for Foreign Residents etc; TAXATION ADMINISTRATION ACT 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 18 - Recipient's entitlements and obligations 18-A - Crediting withheld amounts 18-25 Tax credit where recipient is a trust TAXATION ADMINISTRATION ACT 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 TAXATION ADMINISTRATION ACT 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-FB - Payments to Foreign Residents etc 12-315 - Payment to Foreign Resident etc ; 12-317 - Payment Received for Foreign Residents etc; INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions 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 1936 3 Liability to Taxation 6AAA - Special provisions relating to non-resident trusts etc 102AAA to 102AAZG 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 TAXATION ADMINISTRATION ACT 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-E - Payments where TFN or ABN not quoted 12-140 RECIPIENT DOES NOT QUOTE TAX FILE NUMBER TAXATION ADMINISTRATION ACT 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 TAX ADMINISTRATION ACT 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 Subdivision: 12-FB - Payments to foreign residents etc. TAX ADMINISTRATION ACT 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-C - Payments for retirement or because of termination of employment 12-80 Superannuation income streams and annuities INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 PERSONAL SERVICES INCOME 87-18 The results test for a personal services business INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 3 - Deductions A - General 65 PAYMENTS TO ASSOCIATED PERSONS AND RELATIVES 65(1B) [Private company partner] & 65(1C) [Amount of dividend deemed to be paid] INCOME TAX ASSESSMENT ACT 1936 III - LIABILITY TO TAXATION 6 - Trust income INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION; 6 - Trust income TAX 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-FB - Payments to foreign residents etc. 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-C - Superannuation payments, employment termination payments and unused leave payments 12-85 SUPERANNUATION LUMP SUMS AND EMPLOYMENT TERMINATION PAYMENTS 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-C - Superannuation payments, employment termination payments and unused leave payments 12-85 SUPERANNUATION LUMP SUMS AND EMPLOYMENT TERMINATION PAYMENTS INCOME TAX ASSESSMENT ACT 1997 Chapter 2 - LIABILITY RULES OF GENERAL APPLICATION Part 2-15 -NON ASSESSABLE INCOME Division 50-A VARIOUS EXEMPT ENTITIES Section 50-5 Charity, education and science INCOME TAX ASSESSMENT ACT 1936 III - LIABILITY TO TAXATION 6 - Trust income 95 INTERPRETATION 95(2) and 95(3) 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 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 ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 83 - Other payments on termination of employment 83-A - Unused annual leave payments 83-10 Unused annual leave payment is assessable INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 83 - Other payments on termination of employment 83-B - Unused long service leave payments 83-80 Taxation of unused long service leave payments INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 83 - Other payments on termination of employment 83-A - Unused annual leave payments 83-10 Unused annual leave payment is assessable INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 83 - Other payments on termination of employment 83-B - Unused long service leave payments 83-80 Taxation of unused long service leave payments INCOME TAX ASSESSMENT ACT 1997 307-215; s307-275 INCOME TAX ASSESSMENT ACT 1997 307-215; s307-275 INCOME TAX ASSESSMENT ACT 1997 307-215; s307-275 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 INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 7A - Distributions to entities connected with a private company EA - Unpaid present entitlements 109XA PAYMENTS, LOANS AND DEBT FORGIVENESS BY A TRUSTEE IN FAVOUR OF A SHAREHOLDER ETC. OF A PRIVATE COMPANY WITH AN UNPAID PRESENT ENTITLEMENT, 109XB AMOUNTS INCLUDED IN ASSESSABLE INCOME, 109XC MODIFICATIONS MEDICARE LEVY ACT 8: AMOUNT OF LEVY - PERSON WHO HAS SPOUSE OR DEPENDANT MEDICARE LEVY 1986 9 REDUCTION OF LEVY - PERSON WHO IS PRESCRIBED PERSON FOR PART OF YEAR OF INCOME & 10 LEVY PAYABLE BY A TRUSTEE ASSESSABLE UNDER SECTION 98 OF THE ASSESSMENT ACT MEDICARE LEVY 1986 9 REDUCTION OF LEVY - PERSON WHO IS PRESCRIBED PERSON FOR PART OF YEAR OF INCOME & 10 LEVY PAYABLE BY A TRUSTEE ASSESSABLE UNDER SECTION 98 OF THE ASSESSMENT ACT 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 1936 III - LIABILITY TO TAXATION 6 - Trust income 98 LIABILITY OF TRUSTEE 98(3) [Liability to tax] INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income 98 LIABILITY OF TRUSTEE 98(4) [Non-resident beneficiary a trustee of another trust] INCOME TAX ASSESSMENT ACT 1936 98 INCOME TAX ASSESSMENT 1936 1 - Prelimary 6A Foreign Income and foreign Tax INCOME TAX ASSESSMENT ACT 1936 III - LIABILITY TO TAXATION 6D - Provisions relating to certain closely held trusts B - Interpretation INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-25 - PARTICULAR KINDS OF TRUSTS 275 275-B Choice for capital treatment of management investment trust gains and losses TAXATION ADMINISTRATION ACT 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 12-175- Trustee distributes income of closely held trusts TAXATION ADMINISTRATION ACT 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 12-175- Trustee distributes income of closely held trusts TAX ADMINISTRATION ACT 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-D Benefit and compensation payments 12-110 - Social Security or other benefit payment INCOME TAX ASSESSMENT ACT 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) TAXATION ADMINISTRATION ACT 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-C - Payments for retirement or because of termination of employment 12-90- Unused Leave Payments TAXATION ADMINISTRATION ACT 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-C - Payments for retirement or because of termination of employment 12-90- Unused Leave Payments INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income INCOME TAX ASSESSMENT 1997 1 - INTRODUCTION AND CORE PROVISIONS 1-3 - CORE PROVISIONS 8 - Deductions 8-1 General deductions & 8-5 Specific deductions TAXATION ADMINISTRATION ACT 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 12-180 Beneficiary becomes presently entitled to income of closely held trust 80--GENERAL RULES 82-B--EMPLOYMENT TERMINATION PAYMENTS 82-70 Death benefits for non-dependants INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-40 -RULES AFFECTING EMPLOYEES AND OTHER TAXPAYERS RECEIVING PAYG WITHHOLDING PAYMENTS INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-40 -RULES AFFECTING EMPLOYEES AND OTHER TAXPAYERS RECEIVING PAYG WITHHOLDING PAYMENTS 80--GENERAL RULES 82-B--EMPLOYMENT TERMINATION PAYMENTS; Section: 82-65 Death benefits for dependants INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 7A - Distributions to entities connected with a private company EA - Unpaid present entitlements 109XA PAYMENTS, LOANS AND DEBT FORGIVENESS BY A TRUSTEE IN FAVOUR OF A SHAREHOLDER ETC. OF A PRIVATE COMPANY WITH AN UNPAID PRESENT ENTITLEMENT, 109XB AMOUNTS INCLUDED IN ASSESSABLE INCOME, 109XC MODIFICATIONS INCOME TAX ASSESSMENT ACT 1936 99 'Certain trust income to be taxed as income of an individual' INCOME TAX ASSESSMENT ACT 1936 99 'Certain trust income to be taxed as income of an individual' INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION; 2-42 PERSONAL SERVICES INCOME 87-15 What is a personal service business INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 PERSONAL SERVICES INCOME 87-15 What is a personal service business INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 PERSONAL SERVICES INCOME 87-15 What is a personal service business INCOME TAX ASSESSMENT ACT 1997 2 - LIABILITY RULES OF GENERAL APPLICATION 2-42 PERSONAL SERVICES INCOME 87-15 What is a personal service business INCOME TAX ASSESSMENT ACT 1997 :2 LIABILITY RULES OF GENERAL APPLICATION 2-10 CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE 40 CAPITAL ALLOWANCES 40-30 - DEDUCTING AMOUNTS FOR DEPRECIATING ASSETS INCOME TAX ASSESSMENT ACT 1997 84-5 INCOME TAX ASSESSMENT ACT 1997 84-10 INCOME TAX ASSESSMENT ACT 1997 40-285(2) INCOME TAX ASSESSMENT ACT 1997 subsec 40-285(1) 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 207-35 Gross-up - distribution made to, or flows indirectly through, a partnership or trustee INCOME TAX ASSESSMENT 1936 III - LIABILITY TO TAXATION 6 - Trust income 97 BENEFICIARY NOT UNDER ANY LEGAL DISABILITY INCOME TAX ASSESSMENT 1997 3 - SPECIALIST LIABILITY RULES 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS 388 - Tax offsets for primary producers and some land-holders 388-A - Landcare and water facility tax offset (Repealed) INCOME TAX ASSESSMENT 1997 4 - INTERNATIONAL ASPECTS OF INCOME TAX 4-5 - GENERAL 820 - Thin capitalisation rules 118-A- CGT General Exemptions 124 - Replacement Asset Roll-overs 126-G Same Asset Rollovers: Transfer of assets between trusts 118-A - CGT General Exemptions 124 - Replacement Asset Roll-overs 126-G Same Asset Rollovers: Transfer of assets between trusts INCOME TAX ASSESSMENT ACT 1936 95(1) INCOME TAX ASSESSMENT ACT 1936 95(1) INCOME TAX ASSESSMENT ACT 1936 99 INCOME TAX ASSESSMENT ACT 1936 99A INCOME TAX ASSESSMENT ACT 1936 97 INCOME TAX ASSESSMENT ACT 1936 99 INCOME TAX ASSESSMENT ACT 1936 99A INCOME TAX ASSESSMENT ACT 1997 115-227 98(2) INCOME TAX ASSESSMENT ACT 1936 95(1) INCOME TAX ASSESSMENT ACT 1936 95(1) INCOME TAX ASSESSMENT ACT 1997 207-55