Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-15
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NON-ASSESSABLE INCOME
Division 53
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Various exempt payments
Operative provisions
SECTION 53-25
53-25
Coronavirus economic response payment
A payment is exempt from income tax if:
(a) the payment is paid in accordance with rules made under the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 ; and
(b) those rules state that the payment is exempt from income tax.
View history note
Hide history noteA payment is exempt from income tax if:
(a) the payment is paid in accordance with rules made under the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 ; and
(b) those rules state that the payment is exempt from income tax.
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