Income Tax Assessment Act 1936
PART III
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LIABILITY TO TAXATION
Division 11A
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Dividends, interest and royalties paid to non-residents and to certain other persons
Subdivision A
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General
SECTION 128D
128D
CERTAIN INCOME NOT ASSESSABLE
Income other than income to which section 128B applies by virtue of subsection (2A), (2C) or (9C) of that section upon which withholding tax is payable, or upon which withholding tax would, but for paragraph 128B(3)(ga) , (jb) or (m), section 128F , section 128FA or section 128GB , be payable, is not assessable income and is not exempt income of a person.
View history note
Hide history noteIncome other than income to which section 128B applies by virtue of subsection (2A), (2C) or (9C) of that section upon which withholding tax is payable, or upon which withholding tax would, but for paragraph 128B(3)(ga) , (jb) or (m), section 128F , section 128FA or section 128GB , be payable, is not assessable income and is not exempt income of a person.
Note:
An amount of interest paid to a person by a temporary resident is non-assessable non-exempt income: see section 768-980 of the Income Tax Assessment Act 1997 .
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