INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 26 - Some amounts you cannot deduct, or cannot deduct in full  

Guide to Division 26  

SECTION 26-1   What this Division is about  


This Division sets out some amounts that you cannot deduct, or that you cannot deduct in full.


TABLE OF SECTIONS
TABLE OF SECTIONS
Operative provisions
26-5 Penalties
26-10 Leave payments
26-15 Franchise fees windfall tax
26-17 Commonwealth places windfall tax
26-18 (Repealed by No 83 of 2014)
26-19 Rebatable benefits
26-20 Assistance to students
26-22 Political contributions and gifts
26-25 Interest or royalty
26-25A Seasonal Labour Mobility Program
26-26 Non-share distributions and dividends
26-30 Relative ' s travel expenses
26-31 Travel related to use of residential premises as residential accommodation
26-35 Reducing deductions for amounts paid to related entities
26-40 Maintaining your family
26-45 Recreational club expenses
26-47 Non-business boating activities
26-50 Expenses for a leisure facility
26-52 Bribes to foreign public officials
26-53 Bribes to public officials
26-54 Expenditure relating to illegal activities
26-55 Limit on deductions
26-60 Superannuation contributions surcharge
26-65 (Repealed by No 23 of 2018)
26-68 Loss from disposal of eligible venture capital investments
26-70 Loss from disposal of venture capital equity
26-74 Excess concessional contributions charge cannot be deducted
26-75 Excess non-concessional contributions tax cannot be deducted
26-80 Financing costs on loans to pay superannuation contribution
26-85 Borrowing costs on loans to pay life insurance premiums
26-90 Superannuation supervisory levy
26-95 Superannuation guarantee charge
26-97 National Disability Insurance Scheme expenditure
26-98 Division 293 tax cannot be deducted
26-99 Excess transfer balance tax cannot be deducted
26-100 Expenditure attributable to water infrastructure improvement payments
26-105 Non-compliant payments for work and services


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