INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

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

Division 32 - Entertainment expenses  

Subdivision 32-F - Special rules for companies and partnerships  

SECTION 32-85   Directors, employees and property of wholly-owned group company  

Employees and directors of group company

32-85(1)  
In the case of a company, these provisions cover directors and employees of another company that is a member of the same * wholly-owned group as if they were the company's own directors and employees:

  • · item 1.1 (exception for * in-house dining facilities) of the table in section 32-30 ;
  • · item 1.2 (exception for * in-house dining facilities) of the table in section 32-30 ;
  • · item 1.3 (exception for * dining facilities) of the table in section 32-30 ;
  • · item 1.5 (exception for recreational facilities) of the table in section 32-30 ;
  • · section 32-55 (which defines in-house dining facility );
  • · subsection 32-60(1) (which defines dining facility );
  • · paragraph 32-65(3)(b) .
  • Property occupied by group company

    32-85(2)  
    Those provisions also cover property occupied by that other company as if the company occupied that property.


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