A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME    View history reference

Division 50 - Exempt entities    View history reference

Subdivision 50-A - Various exempt entities    View history reference

SECTION 50-5  Charity, education and science  

 View history reference ITAA 36

Charity, education, science and religion
ItemExempt entitySpecial conditions
1.1registered charitysee sections 50-50 and 50-52
.......... .
1.2(Repealed by No 169 of 2012) 
.......... .
1.3scientific institutionsee section 50-55
.......... .
1.4public educational institutionsee section 50-55
.......... .
1.5(Repealed by No 169 of 2012) 
.......... .
  1.5A(Repealed by No 169 of 2012) 
.......... .
  1.5B(Repealed by No 169 of 2012) 
.......... .
1.6fund established to enable scientific research to be conducted by or in conjunction with a public university or public hospitalsee section 50-65
.......... .
1.7society, association or club established for the encouragement of sciencesee section 50-70
.......... .
1.8(Repealed by No 75 of 2010 ) 

Note 1:

Section 50-52 has the effect that certain charities are exempt from income tax only if they are endorsed under Subdivision 50-B .

Note 2:

Section 50-80 may affect which item a trust is covered by.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page