Income Tax Assessment Act 1997
CHAPTER 2
-
LIABILITY RULES OF GENERAL APPLICATION
PART 2-5
-
RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS
Division 32
-
Entertainment expenses
In the case of a company, these provisions cover directors of the company as if they were the company's employees:•
item 1.1 (exception for
*
in-house dining facilities) of the table in section
32-30
;
•
item 1.2 (exception for
*
in-house dining facilities) of the table in section
32-30
;
•
item 1.3 (exception for
*
dining facilities) of the table in section
32-30
;
•
item 1.5 (exception for recreational facilities) of the table in section
32-30
;
•
item 1.8 (exception for providing your employee with an allowance) of the table in section
32-30
;
•
section
32-55
(which defines
in-house dining facility
);
•
subsection
32-65(3)
(which defines
business meeting
).
Subdivision 32-F
-
Special rules for companies and partnerships
SECTION 32-80
32-80
Company directors
In the case of a company, these provisions cover directors of the company as if they were the company's employees:
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