Income Tax Assessment Act 1936
PART III
-
LIABILITY TO TAXATION
Division 1AB
-
Certain State/Territory bodies exempt from income tax
Subdivision A
-
Exemption for certain State/Territory bodies
SECTION 24AK
24AK
KEY PRINCIPLE
View history note
Hide history noteA body that is a State/Territory body (an STB ) is exempt from income tax under this Division unless it is an excluded STB. There are 5 different ways in which a body can be an STB.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.