Examples of Income Tax Assessment Act in a sentence
Production under the Agreement is estimated to incur claims under the Producer Offset in Division 376 of the Income Tax Assessment Act 1997.
In Australia, the main benefits available for co-productions will be their eligibility to be treated as productions with significant Australian content that can therefore access the Australian Screen Production Incentive – Producer Offset under the Income Tax Assessment Act 1997, and eligibility to qualify as ‘Australian program content’ for the purposes of the Australian Content Standard for commercial television broadcasting.
The parties acknowledge and agree that, despite any other provision in this deed, as at the Execution Date, Oklo intends to seek a class ruling from the Commissioner of Taxation that, for the purposes of the Income Tax Assessment Act 1997 (Cth), scrip- for-scrip roll-over relief applies to eligible Oklo Shareholders (Tax Ruling).
Division 4 or 5 of Part III of the Veterans’ Entitlements Act 1986; and (b) the pension payments were exempt payments under Subdivision 52‑A or 52‑B of the Income Tax Assessment Act 1997; the amount of TP1’s assessable income for that year is to be calculated as if that pension were assessable income.
The relevant Company derives future assessable income of a nature and an amount sufficient to enable the benefit to be realised, or the benefit can be realised by another company in the Group in accordance with Division 170 of the Income Tax Assessment Act 1997.