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 24AN  

24AN   CERTAIN STBs NOT EXEMPT FROM TAX UNDER THIS DIVISION  


Income derived by an STB is not exempt from income tax under this Division if, at the time that it is derived, the STB is an excluded STB.
Notes:

1. For the definition of excluded STB see section 24AT .

2. Even though an excluded STB is not exempt from income tax under this Division, it may still be exempt under another provision of this Act.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.