Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS

Division 405 - Above-average special professional income of authors, inventors, performing artists, production associates and sportspersons

Guide to Division 405

SECTION 405-1 What this Division is about

Significant fluctuations can occur in the professional incomes of authors, inventors, performing artists, production associates and sportspersons.

To lessen the impact of these fluctuations on your marginal tax rates, special tax rates apply if your professional income is above your average.

This Division explains how the scheme works and sets out the rules for working out your above-average special professional income.

TABLE OF SECTIONS

**TABLE OF SECTIONS**
405-5	Special rate of income tax on your above-average special professional income
405-10	Overview of the Division