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Close folder Legislation and supporting material
Close folder Principal legislation
Open folder Taxation
Open folder Fringe Benefits Tax
Open folder Superannuation
Open folder Goods and Services Tax
Open folder Excise (Including Customs, Working Pages and By-laws)
Close folder Archived
Close folder INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
View list of provisions
Open folder PART I - PRELIMINARY
Open folder PART II - ADMINISTRATION
Close folder PART III - LIABILITY TO TAXATION
Open folder Division 1 - General
Open folder Division 1AA - Exemption from income tax: payments under the Social Security Act 1991 and the Veterans' Entitlements Act 1986, and similar payments
Open folder Division 1A - Provisions relating to certain external territories
Open folder Division 2 - Income
Open folder Division 2A - Calculation of taxable income
Open folder Division 3 - Deductions
Open folder Division 3A - Convertible notes
Open folder Division 4 - Leases
Open folder Division 5 - Partnerships
Open folder Division 5A - Income of certain limited partnerships
Open folder Division 6 - Trust income
Open folder Division 6AAA - Special provisions relating to non-resident trust estates etc.
Open folder Division 6AA - Income of certain children
Open folder Division 6B - Income of certain unit trusts
Open folder Division 6C - Income of certain public trading trusts
Open folder Division 7 - Private companies
Open folder Division 7A - Distributions to entities connected with a private company
Open folder Division 9B - State Bank of NSW
Former Division 9B - Superannuation Funds and Ineligible Approved Deposit Funds
Open folder Division 9C - Assessable income diverted under certain tax avoidance schemes
Open folder Division 10 - Mining and quarrying
Open folder Division 10AAA - Transport of minerals and quarry materials
Close folder Division 10AA - Prospecting and mining for petroleum
SECTION 124 INTERPRETATION
SECTION 124AAA DIVISION SUBJECT TO DIVISION 245 OF SCHEDULE 2C
SECTION 124AA ALLOWABLE CAPITAL EXPENDITURE
SECTION 124AB PURCHASE OF PROSPECTING OR MINING RIGHTS OR INFORMATION
SECTION 124ABA ALLOWABLE CAPITAL EXPENDITURE IN RESPECT OF CASH BIDDING PAYMENTS FOR EXPLORATION PERMITS AND PRODUCTION LICENCES
SECTION 124AC RESIDUAL PREVIOUS CAPITAL EXPENDITURE
SECTION 124AD DEDUCTION OF RESIDUAL PREVIOUS CAPITAL EXPENDITURE
SECTION 124ADA RESIDUAL CAPITAL EXPENDITURE
SECTION 124ADB DEDUCTION OF RESIDUAL CAPITAL EXPENDITURE
SECTION 124ADC RESIDUAL (1 MAY 1981 TO 18 AUGUST 1981) CAPITAL EXPENDITURE
SECTION 124ADD DEDUCTION OF RESIDUAL (1 MAY 1981 TO 18 AUGUST 1981) CAPITAL EXPENDITURE
SECTION 124ADE RESIDUAL (19 AUGUST 1981 TO 19 JULY 1982) CAPITAL EXPENDITURE
SECTION 124ADF DEDUCTION OF RESIDUAL (19 AUGUST 1981 TO 19 JULY 1982) CAPITAL EXPENDITURE
SECTION 124ADG DEDUCTION OF ALLOWABLE (POST 19 JULY 1982) CAPITAL EXPENDITURE
SECTION 124ADH ELECTION IN RELATION TO LIMIT ON CERTAIN DEDUCTIONS
SECTION 124AE UNRECOUPED PREVIOUS CAPITAL EXPENDITURE
SECTION 124AEA UNAPPLIED MONEYS PAID ON SHARES SPECIFIED IN CERTAIN DECLARATIONS
SECTION 124AF DEDUCTION OF UNRECOUPED PREVIOUS CAPITAL EXPENDITURE
SECTION 124AG ELECTION THAT DIVISION NOT TO APPLY TO PLANT
SECTION 124AH EXPLORATION AND PROSPECTING EXPENDITURE
SECTION 124AJ PROSPECTING OR MINING BY CONTRACTORS, PROFIT-SHARING ARRANGEMENTS ETC.
SECTION 124AK TRANSACTIONS BETWEEN PERSONS NOT AT ARM'S LENGTH
SECTION 124AL PETROLEUM OR PETROLEUM PRODUCTS USED IN MANUFACTURING OTHER GOODS
SECTION 124AM DISPOSAL, LOSS, DESTRUCTION OR TERMINATION OF USE OF PROPERTY
SECTION 124AMAA ROLL-OVER RELIEF WHERE CGT ROLL-OVER RELIEF ALLOWED UNDER SECTION 160ZZM, 160ZZMA, 160ZZN, 160ZZNA OR 160ZZO OR WHERE ELECTION FOR ROLL-OVER RELIEF MADE UNDER SECTION 124AO
SECTION 124AMA APPLICATION OF SECTION 124AM BEFORE 1 JULY 1991 - SUBSEQUENT USE OF PROPERTY FOR REHABILITATION
SECTION 124AN DOUBLE DEDUCTIONS
SECTION 124ANA DIVISION NOT APPLICABLE WHERE DEDUCTION ALLOWABLE IN ACCORDANCE WITH SECTION 57AJ
SECTION 124AO CHANGE IN INTERESTS IN PROPERTY
SECTION 124AP COMMISSIONER TO DETERMINE DEDUCTIONS ATTRIBUTABLE TO PARTICULAR EXPENDITURE
SECTION 124AQ RECOUPMENT OF EXPENDITURE
SECTION 124AR MODIFICATION OF SECTION 51AD AND DIVISION 16D - LESSEE OF PROPERTY DEEMED TO BE OWNER ETC.
FORMER SECTIONS 124B-124DA [Repealed]
FORMER SECTIONS 124DB-124DN [Repealed]
Open folder Division 10AB - Rehabilitation and restoration of mining, quarrying and petroleum sites
Open folder Division 10A - Timber operations and timber mill buildings
Open folder Division 10B - Industrial property
Open folder Division 10BA - Australian films
Open folder Division 10C - Deductions for capital expenditure on traveller accommodation
Open folder Division 10D - Deductions for capital expenditure on certain buildings and structural improvements
Open folder Division 10E - PDFs (pooled development funds)
Open folder Division 10F - Deduction for capital expenditure incurred in establishing horticultural plants
Open folder Division 11A - Dividends, interest and royalties paid to non-residents and to certain other persons
Open folder Division 11C - Payments in respect of mining operations on Aboriginal land
Open folder Division 13 - International agreements and determination of source of certain income
Open folder Division 13A - Employee share schemes
Open folder Division 16 - Averaging of incomes
Open folder Division 16A - Abnormal income of artists, composers, inventors, performers, production associates, sportspersons and writers
Former Division 16A - Abnormal income of authors and inventors - TO BE DEPRECATED
Open folder Division 16C - Income equalization deposits
Open folder Division 16D - Certain arrangements relating to the use of property
Open folder Division 16G - Debt creation involving non-residents
Open folder Division 16H - Termination of gold mining exemptions
Open folder Division 16J - Effect of cancellation of subsidiary's shares in holding company
Open folder Division 17 - Rebates
Open folder Division 18 - Credits in respect of foreign tax
Open folder Division 18A - Credits in respect of overseas tax paid on certain film income
Open folder Division 18B - Credits in respect of overseas tax paid on certain shipping income
Open folder Division 19 - Miscellaneous provisions with respect to credits
Open folder PART IIIAA - FRANKING OF DIVIDENDS
Open folder PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES
Open folder PART IV - RETURNS AND ASSESSMENTS
Open folder PART VA - TAX FILE NUMBERS
Open folder PART VI - COLLECTION AND RECOVERY OF TAX
Open folder PART VII - PENALTY TAX
Open folder PART VIIB - MEDICARE LEVY AND MEDICARE LEVY SURCHARGE
Open folder PART VIII - MISCELLANEOUS
Open folder PART IX - TAXATION OF SUPERANNUATION BUSINESS AND RELATED BUSINESS
Open folder PART X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES
Open folder PART XI - FOREIGN INVESTMENT FUNDS AND FOREIGN LIFE ASSURANCE POLICIES
Open folder PART XII - DROUGHT INVESTMENT ALLOWANCE
SCHEDULE 1
Open folder SCHEDULE 2A
Open folder SCHEDULE 2B
Open folder SCHEDULE 2C - Forgiveness of commercial debts
Open folder SCHEDULE 2D - Tax exempt entities that become taxable
Open folder SCHEDULE 2E - LEASES OF LUXURY CARS
Open folder SCHEDULE 2F - TRUST LOSSES AND OTHER DEDUCTIONS
Open folder SCHEDULE 2G - FARM MANAGEMENT DEPOSITS
Open folder SCHEDULE 2H - DEMUTUALISATION OF MUTUAL ENTITIES OTHER THAN INSURANCE COMPANIES
Open folder INCOME TAX ASSESSMENT ACT 1997 [ARCHIVE]
Open folder INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 [ARCHIVE]
Open folder TAXATION ADMINISTRATION ACT 1953 [ARCHIVE]
Open folder INCOME TAX RATES ACT 1986 [ARCHIVE]
Open folder FRINGE BENEFITS TAX ASSESSMENT ACT 1986 [ARCHIVE]
Open folder A NEW TAX SYSTEM (AUSTRALIAN BUSINESS NUMBER) ACT 1999 [ARCHIVE]
Open folder A New Tax System (Bonuses for Older Australians) Act 1999 [REPEALED]
Open folder A New Tax System (Closely Held Trusts) Act 1999 [Repealed by 5 of 2016] (70 of 1999)
Open folder A New Tax System (End of Sales Tax) Act 1999 [REPEALED]
Open folder A NEW TAX SYSTEM (FAMILY ASSISTANCE) (CONSEQUENTIAL AND RELATED MEASURES) ACT (NO 1) 1999 [REPEALED]
Open folder A NEW TAX SYSTEM (FAMILY ASSISTANCE) (CONSEQUENTIAL AND RELATED MEASURES) ACT (NO 2) 1999 [REPEALED]
Open folder A NEW TAX SYSTEM (GOODS AND SERVICES TAX ADMINISTRATION) ACT 1999 [REPEALED]
Open folder A NEW TAX SYSTEM (ULTIMATE BENEFICIARY NON-DISCLOSURE TAX) ACT (NO. 1) 1999 [REPEALED]
Open folder A NEW TAX SYSTEM (ULTIMATE BENEFICIARY NON-DISCLOSURE TAX) ACT (NO. 2) 1999 [REPEALED]
Open folder A New Tax System (Wine Equalisation Tax and Luxury Car Tax Transition) Act 1999 [REPEALED]
Open folder ACIS Administration Act 1999 [Repealed]
Open folder ACIS (Unearned Credit Liability) Act 1999 [Repealed]
Open folder CANNED FRUIT EXCISE ACT REPEAL ACT 1968
Open folder COAL EXCISE ACT 1949 [REPEALED]
Open folder CRIMES (TAXATION OFFENCES) ACT 1980 [ARCHIVE]
Open folder CUSTOMS ADMINISTRATION ACT 1985 [REPEALED]
Open folder DEVELOPMENT ALLOWANCE AUTHORITY ACT 1980 [ARCHIVE]
Open folder Diesel and Alternative Fuels Grants Scheme Act 1999 [Repealed]
Open folder DIESEL FUEL TAX ACT (No 1) 1957
Open folder DIESEL FUEL TAX ACT (No 2) 1957
Open folder DIESEL FUEL TAXATION (ADMINISTRATION) ACT 1957-1973
Open folder DISTILLATION ACT 1901 [REPEALED]
Open folder ENERGY GRANTS (CLEANER FUELS) SCHEME ACT 2004 [REPEALED]
Open folder Energy Grants (Credits) Scheme Act 2003 [Repealed]
Open folder EXTENSION OF CHARITABLE PURPOSE ACT 2004 [REPEALED]
Open folder FINANCIAL CORPORATIONS (TRANSFER OF ASSETS AND LIABILITIES) ACT 1993 [ARCHIVE]
Open folder FIRST HOME SAVER ACCOUNTS ACT 2008 [REPEALED]
Open folder FIRST HOME SAVER ACCOUNT PROVIDERS SUPERVISORY LEVY IMPOSITION ACT 2008 [REPEALED]
Open folder FUEL (PENALTY SURCHARGES) ADMINISTRATION ACT 1997 [REPEALED]
Open folder FUEL BLENDING (PENALTY SURCHARGE) ACT 1997 [REPEALED]
Open folder FUEL MISUSE (PENALTY SURCHARGE) ACT 1997 [REPEALED]
Open folder FUEL SALE (PENALTY SURCHARGE) ACT 1997 [REPEALED]
Open folder FUEL SALES GRANTS ACT 2000 [REPEALED]
Open folder INCOME TAX (DEFICIT DEFERRAL) ACT 1994 [REPEALED]
Open folder INCOME TAX (FIRST HOME SAVER ACCOUNTS MISUSE TAX) ACT 2008 [REPEALED]
Open folder INCOME TAX (FRANKING DEFICIT) ACT 1987 [Repealed]
Open folder INCOME TAX (SUPERANNUATION PAYMENTS WITHHOLDING TAX) ACT 2002 [REPEALED]
Open folder INCOME TAX (UNTAINTING TAX) ACT 1998 [REPEALED]
Open folder INCOME TAX (WITHHOLDING TAX RECOUPMENT) ACT 1971 [REPEALED]
Open folder MINERALS RESOURCE RENT TAX (IMPOSITION - CUSTOMS) ACT 2012 [REPEALED]
Open folder MINERALS RESOURCE RENT TAX (IMPOSITION - EXCISE) ACT 2012 [REPEALED]
Open folder MINERALS RESOURCE RENT TAX (IMPOSITION - GENERAL) ACT 2012 [REPEALED]
Open folder MINERALS RESOURCE RENT TAX ACT 2012 [REPEALED]
Open folder NEW BUSINESS TAX SYSTEM (VENTURE CAPITAL DEFICIT TAX) ACT 2000 [REPEALED]
Open folder Occupational Superannuation Standards Regulations Application Act 1992 [Repealed]
Open folder Pay-Roll Tax (Termination of Commonwealth Tax) Act 1971 [REPEALED]
Open folder Pay-Roll Tax Assessment Act 1941 [REPEALED]
Open folder PETROLEUM RESOURCE RENT TAX (MISCELLANEOUS PROVISIONS) ACT 1987 [REPEALED]
Open folder PETROLEUM RESOURCE RENT TAX ACT 1987 (No 143 of 1987) [REPEALED]
Open folder SALES TAX (EXEMPTIONS AND CLASSIFICATIONS) ACT 1992 [Repealed]
Open folder SALES TAX ASSESSMENT ACT 1992 [Repealed]
Open folder SALES TAX IMPOSITION (CUSTOMS) ACT 1992 [Repealed]
Open folder SALES TAX IMPOSITION (EXCISE) ACT 1992 [Repealed]
Open folder SALES TAX IMPOSITION (GENERAL) ACT 1992 [Repealed]
Open folder SALES TAX IMPOSITION (IN SITU POOLS) ACT 1992 [Repealed]
Open folder SALES TAX PROCEDURE ACT 1934 [Repealed]
Open folder SPIRITS ACT 1906 [REPEALED]
Open folder SUPERANNUATION (EXCESS CONCESSIONAL CONTRIBUTIONS TAX) ACT 2007 (REPEALED)
Open folder SWIMMING POOLS TAX REFUND ACT 1992 [Repealed]
Open folder TAX BONUS FOR WORKING AUSTRALIANS ACT (NO 2) 2009 [REPEALED]
Open folder TAXATION (INTEREST ON OVERPAYMENTS AND EARLY PAYMENTS) ACT 1983 [ARCHIVE]
Open folder TAXATION BOARDS OF REVIEW (TRANSFER OF JURISDICTION) ACT 1986 [REPEALED]
Open folder TAXATION LAWS (CLEARING AND SETTLEMENT FACILITY SUPPORT) ACT 2004 [REPEALED]
Open folder TAXATION LAWS (MISCELLANEOUS PROVISIONS) ACT 1986 [REPEALED]
Open folder Tobacco Charge Act (No. 1) 1955 [REPEALED]
Open folder Tobacco Charge Act (No. 2) 1955 [REPEALED]
Open folder Tobacco Charge Act (No 3) 1955 [REPEALED]
Open folder Tobacco Charges Assessment Act 1955 [REPEALED]
Open folder TRUST RECOUPMENT TAX ASSESSMENT ACT 1985 [ARCHIVE]
Open folder Wool Tax (Administration) Act 1964 [REPEALED]
Open folder Wool Tax Act (No 1) 1964 [REPEALED]
Open folder Wool Tax Act (No 2) 1964 [REPEALED]
Open folder Wool Tax Act (No 3) 1964 [REPEALED]
Open folder Wool Tax Act (No. 4) 1964 [REPEALED]
Open folder Wool Tax Act (No 5) 1964 [REPEALED]
Open folder Other
Open folder Principal regulations
Open folder Amending legislation
Open folder Amending regulations
Open folder Legislative instruments
Open folder Extrinsic materials
Open folder Public rulings
Open folder Practical compliance guidelines
Open folder Cases
Open folder Decision impact statements
Open folder ATO interpretative decisions
Open folder Law administration practice statements
Open folder Taxpayer alerts
Open folder Other ATO documents
Open folder ATO law aids
Open folder Edited private advice
Open folder Archived document types
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