Part 2-42 inserted by No 86 of 2000.
Div 86 inserted by No 86 of 2000.
SECTION 86-65 Entity maintenance deductions
See section 86-25 for how entity maintenance deductions are offset against a personal services entity's income.
(a) any fee or charge payable by the entity for opening, operating or closing an account with an *ADI;
(b) any deduction under section 25-5 (about tax-related expenses);
(d) any fee or charge payable by the entity to an *Australian government agency for any licence, permission, approval, authorisation, registration or certification (however described) that is granted or given under an *Australian law.
S 86-65(2)(c) amended by No 55 of 2001.
S 86-65 inserted by No 86 of 2000.