Income Tax Assessment Act 1936

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

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Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
foreign tax	has the meaning given by section 6AB.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 6 Interpretation Income Tax Assessment Act 1936 - 6AB Foreign income and foreign tax
full self‐assessment taxpayer	, for a year of income (the current year ), means any of the following:	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 6 Interpretation
general insurance business	means insurance business (within the meaning of the Insurance Act 1973 ) other than life insurance business.	Income Tax Assessment Act 1936
general interest charge	means the charge worked out under Part IIA.	Taxation Administration Act 1953	Taxation Administration Act 1953 - 2 Interpretation
generalOBdeduction	has the meaning given by subsection 121EF(4).	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 121C Interpretation Income Tax Assessment Act 1936 - 121EF Definitions relating to allowable deductions of an OBU
global group	means a group of entities, at least one of which is a foreign entity, that are consolidated for accounting purposes as a single group.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 177A Interpretation
goods	includes:	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation
government body	means the Commonwealth, a State, a Territory or an authority of the Commonwealth or of a State or Territory.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 202A Interpretation
gross tainted turnover	has the meaning given by section 435.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation Income Tax Assessment Act 1936 - 435 Gross tainted turnover
gross tax	means the tax payable before the allowance of any rebates or credits.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159ZR Interpretation
gross turnover	has the meaning given by section 434.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation Income Tax Assessment Act 1936 - 434 Gross turnover
grossed‐up amount	, in relation to an attribution debit, has the meaning given by section 373.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation Income Tax Assessment Act 1936 - 373 Grossed - up amount of an attribution debit
group	has the meaning given by subsection 269 ‐ 95(5).	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation
holder	has the meaning given by section 9.	Retirement Savings Accounts Act 1997	Retirement Savings Accounts Act 1997 - 9 Meaning of hold and holder Retirement Savings Accounts Act 1997 - 16 Definitions
implicit interest rate	has the meaning given by subsection 159GQB(2).	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159GP Interpretation Income Tax Assessment Act 1936 - 159GQB Accrual amount
income	includes all amounts that, apart from the operation of the relevant exempting provisions, would be assessable income.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 121F Interpretation Income Tax Assessment Act 1936 - 128A Interpretation
income from property	or income derived from property means all income not being income from personal exertion.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 6 Interpretation
income interest in a partnership	means an interest in the profits of the partnership.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation
income interest in a trust	means an interest in the income of the trust.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation
income tax	means income tax imposed as such by any Act, as assessed under this Act, but, except in section 260, does not include mining withholding tax or withholding tax.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 6 Interpretation