| associate |
has the same meaning in relation to a person as that expression has in relation to a person in section 318 of the Assessment Act.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| company |
does not include a in the capacity of trustee of a trust estate.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| company taxable amount |
, in relation to a person, means an amount that is a in relation to the person under section 7.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
Trust Recoupment Tax Assessment Act 1985 - 7 Requests to eliminate trust recoupment tax on certain taxable amounts
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| distribution of income |
means: |
Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| elected taxable amount |
, in relation to a person, means an amount that is an in relation to the person under subsection 7(7).
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
Trust Recoupment Tax Assessment Act 1985 - 7 Requests to eliminate trust recoupment tax on certain taxable amounts
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| eligible beneficiaries class |
, in relation to a secondary taxable amount, means the ascertained under section 6 in relation to that secondary taxable amount.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
Trust Recoupment Tax Assessment Act 1985 - 6 Secondary taxable amounts
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| penalty tax |
means additional tax payable under section 12.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
Trust Recoupment Tax Assessment Act 1985 - 12 Penalty tax
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| person |
includes a company and a in the capacity of trustee of a trust estate.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| prescribed person |
, in relation to a taxable amount, means:
(a) a natural person other than a person in the capacity of trustee of a trust estate; |
Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| primary taxable amount |
, in relation to a person, means an amount that is a in relation to the person under section 5.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
Trust Recoupment Tax Assessment Act 1985 - 5 Primary taxable amounts
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| primary trust income |
, in relation to a primary taxable amount that exists in relation to the trustee of a trust estate, means the income or the part of the income of the trust estate to which the primary taxable amount is attributable.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| property |
includes:
(a) a chose in action;
(b) any estate, interest, right or power, whether at law or in equity, in or over property; and
(c) any right to receive income.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| relevant distribution time |
, in relation to a taxable amount that exists in relation to a company or the trustee of a trust estate, means: |
Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| relevant exempting provision |
has the same meaning as in Division 9C of Part III of the Assessment Act.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| right to receive income |
means a right of a person to have income that will or may be derived (whether from property or otherwise) paid to, or applied or accumulated for the benefit of, the person.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| scheme |
means:
(a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied, and whether or not enforceable, or intended to be enforceable, by legal proceedings; and |
Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| secondary taxable amount |
, in relation to a person or persons, means an amount that is a under section 6 in relation to an eligible beneficiaries class in which the person is, or the persons are, included.
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
Trust Recoupment Tax Assessment Act 1985 - 6 Secondary taxable amounts
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| taxable amount |
means a primary , a secondary , a company or an elected .
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Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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| trust recoupment tax |
means tax assessed under this Act and imposed by the
Trust Recoupment Tax Act 1985
.
(2) The reference in the definition of
scheme |
Trust Recoupment Tax Assessment Act 1985 |
Trust Recoupment Tax Assessment Act 1985 - 3 Interpretation
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