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  

Subdivision 32-B - Exceptions  

SECTION 32-45   Promotion and advertising expenses  



Promotion and advertising expenses
Item Section 32-5 does not stop you deducting a loss or outgoing for ... But the exception does not apply if ...
4.1 providing *entertainment if:
(a) you provide it to an individual under a contract to supply him or her with goods or services in the ordinary course of your *business; and
(b) you incur the loss or outgoing to promote or advertise to the public your business or its goods or services.
4.2 providing or exhibiting your *business ' s goods or services if you incur the loss or outgoing to promote or advertise those goods or services to the public.
4.3 providing *entertainment to promote or advertise to the public a *business or its goods or services. some people have a greater opportunity to get the benefits of the entertainment than ordinary members of the public have.


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