INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-20 - TAX OFFSETS  

Division 67 - Refundable tax offset rules  

Operative provisions  

SECTION 67-23   67-23   Refundable tax offsets  


The following *tax offsets are subject to the refundable tax offset rules:


Refundable tax offsets
Item Subject matter Tax offset
3 *principal beneficiary of a *special disability trust the *tax offset available under subsection 95AB(5) of the Income Tax Assessment Act 1936
5 private health insurance private health insurance tax offsets under Subdivision 61-G, other than those arising under subsection 61-205(2)
10 children first child tax offsets under Subdivision 61-I
12 (Repealed by No 109 of 2014)
13 seafarers the *tax offset available under Subdivision 61-N
13A (Repealed by No 96 of 2014)
14 (Repealed by No 118 of 2013)
14A attribution managed investment trusts - foreign resident member the *tax offset available under section 276-110
15 no-TFN contributions income the * tax offset available under Subdivision 295-J
20 films the * tax offsets available under Division 376
23 National Rental Affordability Scheme the * tax offsets available under Division 380
24 (Repealed by No 83 of 2014)
25 (Repealed by No 84 of 2013)
27 junior minerals exploration incentive the *tax offset available under Subdivision 418-B
30 life insurance company ' s subsidiary joining consolidated group the * tax offset available under subsection 713-545(5)
35 (Repealed by No 93 of 2011)

Note 1:

Subsection 61-205(2) of this Act deals with tax offsets for trustees who are assessed and liable to pay tax under section 98 of the Income Tax Assessment Act 1936 .

Note 2:

For the tax offsets available under Division 207 and Subdivision 210-H (franked distributions), see section 67-25 .

Note 3:

For the tax offsets available under Division 355 (about R & D), see section 67-30 .


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