Английская Википедия:Income Tax Assessment Act 1997

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Шаблон:Short description Шаблон:Use Australian English Шаблон:Use dmy dates Шаблон:Infobox legislation The Income Tax Assessment Act 1997 (Cth) is an Act of the Parliament of Australia introduced by the Howard government. The Act is one of a few statutes used in Australia to calculate income tax assessments. The Act was passed in an attempt to provide a rewritten income tax assessment statute, as the Income Tax Assessment Act 1936 was considered outdated. New matters relating to Australian income tax law are generally added to the Act, rather than the old 1936 Act.

Background

The Act

Issues addressed by the act include:

  • Deductions for expenses incurred earning assessed income - s8(1)
  • Deductions for management of tax affairs - s25(5)
  • The definition of 'trading stock', including shares - s70(10)
  • The capital gains tax
  • A ban on deductions for expenses relating to illegally earned income - s26(54)[1]

Legacy

See also

Footnotes

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References

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External links

Шаблон:Australia-law-stub