Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 880 - Sovereign entities and activities  

Subdivision 880-D - Consular activities  

Operative provisions

SECTION 880-205   880-205   Income from consular functions - non-assessable non-exempt income  

An amount of *ordinary income or *statutory income of an entity is not assessable income and is not *exempt income if the income arises from the entity ' s consular functions.