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INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-20 - TAX OFFSETS    View history reference

Division 61 - Generally applicable tax offsets    View history reference

Subdivision 61-A - Dependant (invalid and carer) tax offset    View history reference

Amount of the dependant (invalid and carer) tax offset

SECTION 61-45  

61-45  Reductions to take account of the other individual's income  

 View history reference
The amount of the *tax offset under sections 61-30 to 61-40 in relation to the other individual for the year is reduced by $1 for every $4 by which the following exceeds $282:


(a) if you contribute to the maintenance of the other individual for the whole of the year - the other individual's *adjusted taxable income for offsets for the year;


(b) if paragraph (a) does not apply - the other individual's *adjusted taxable income for offsets for that part of the year during which you contribute to the maintenance of the other individual.


 



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