Income Tax Assessment Act 1997
CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-35 - INSURANCE BUSINESS
the complying superannuation class;
the ordinary class.
Division 320 - Life insurance companies
Subdivision 320-D - Income tax, taxable income and tax loss of life insurance companies
Guide to Subdivision 320-D SECTION 320-130 What this Subdivision is about
This Subdivision explains how a life insurance company ' s income tax is worked out.
For that purpose, this Subdivision enables a life insurance company to have taxable incomes and tax losses of the following classes: