WebThe 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. WebThe Income Tax assessment Act is the main source of law governing matter relating to tax in Australia. The act was formulated in 1997 as an amendment of the previous Income Tax Assessment Act of 1936. The Act comprises of 8 main sectors which govern the major aspect of the taxation. This facilitates the collection and distribution of tax within ...
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WebMar 26, 2024 · This compilation. This is a compilation of the Income Tax Assessment Act 1997 that shows the text of the law as amended and in force on 1 January 2024 (the compilation date ). The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the … http://www5.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s815.120.html billy\u0027s brickyard
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WebTHE INCOME TAX ACT. Commencement: 1 July, 1997. An Act to consolidate and amend the law relating to income tax and for other connected purposes. PART I—PRELIMINARY. 1. Application of the Act. This Act applies to years of income commencing on or after 1st July, 1997. 2. Interpretation. In this Act, unless the context otherwise requires— WebINCOME TAX ASSESSMENT ACT 1997 - SECT 328.130 Meaning of affiliate (1) An individual or a company is an affiliate of yours if the individual or company acts, or could reasonably be expected to act, in accordance with your directions or wishes, or in concert with you, in relation to the affairs of the * business of the individual or company. http://classic.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s768.910.html billy\u0027s brickyard triadelphia