INCOME TAX ASSESSMENT ACT 1997 (ARCHIVE)

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  

Subdivision 405-C - Taxable professional income and average taxable professional income  

SECTION 405-50 (ARCHIVE)   Working out your average taxable professional income  

405-50(1)    

Note:

You may need to work out your average taxable professional income taking into account your taxable professional income for income years before the 1998-99 income year: see section 405-1 of the Income Tax (Transitional Provisions) Act 1997 .

405-50(3)    

Note:

Your professional year 1 may be before the 1998-99 income year: see section 405-1 of the Income Tax (Transitional Provisions) Act 1997 .