Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-20
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TAX OFFSETS
Division 61
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Generally applicable tax offsets
Subdivision 61-N
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Seafarer tax offset
Guide to Subdivision 61-N
SECTION 61-695 61-695 What this Subdivision is about
(a) the voyage is made by a vessel for which the company, or another entity, has a certificate under the
Shipping Reform (Tax Incentives) Act 2012;
and
(b) the company employs or engages the seafarer on such voyages for at least 91 days in the income year.
View history note
Hide history noteSECTION 61-695 61-695 What this Subdivision is about
A company may get a refundable tax offset for withholding payments made to Australian seafarers for overseas voyages if:
| Operative provisions | |
| 61-700 | Object of this Subdivision |
| 61-705 | Who is entitled to the seafarer tax offset |
| 61-710 | Amount of the seafarer tax offset |
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