Income Tax Assessment Act 1936
PART III
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LIABILITY TO TAXATION
Division 1AB
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Certain State/Territory bodies exempt from income tax
The income of a State/Territory body (an STB ) is exempt from income tax unless section 24AN applies to the STB.
Subdivision A
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Exemption for certain State/Territory bodies
SECTION 24AM
24AM
CERTAIN STBs EXEMPT FROM TAX
The income of a State/Territory body (an STB ) is exempt from income tax unless section 24AN applies to the STB.
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