Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 376 - Films generally (tax offsets for Australian production expenditure)  

Subdivision 376-C - Production expenditure and qualifying Australian production expenditure  

Production expenditure - special rules for the location offset

SECTION 376-140  

376-140   Production expenditure - special rules for the location offset  


Despite sections 376-125 and 376-130 , the expenditure of a company is not production expenditure of the company on a * film in relation to the location offset if:


(a) the film is a television series that is not a * feature film or a mini-series of television drama; and


(b) the expenditure is reasonably attributable to the production of a pilot episode to the television series; and


(c) the expenditure, apart from this subsection, would be production expenditure that was not * qualifying Australian production expenditure.


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.