Income Tax Assessment Act 1997
This Subdivision specifies particular deductions that are available to a life insurance company, specifies particular amounts that a life insurance company cannot deduct and contains provisions relating to a life insurance company ' s capital losses.
|320-55||Deduction for life insurance premiums where liabilities under life insurance policies are to be discharged from complying superannuation assets|
|320-60||Deduction for life insurance premiums where liabilities under life insurance policies are to be discharged from segregated exempt assets|
|320-65||Deduction for life insurance premiums in respect of life insurance policies that provide for participating or discretionary benefits|
|320-70||No deduction for life insurance premiums in respect of certain life insurance policies payable only on death or disability|
|320-75||Deduction for ordinary investment policies|
|320-80||Deduction for certain claims paid under life insurance policies|
|320-85||Deduction for increase in value of liabilities under net risk components of life insurance policies|
|320-87||Deduction for assets transferred from or to complying superannuation asset pool|
|320-100||Deduction for life insurance premiums paid under certain contracts of reinsurance|
|320-105||Deduction for assets transferred to segregated exempt assets|
|320-107||(Repealed by No 81 of 2016)|
|320-110||Deduction for interest credited to income bonds|
|320-111||Deduction for funeral policy payout|
|320-112||Deduction for scholarship plan payout|
|320-115||No deduction for amounts credited to RSAs|
|320-120||Capital losses from assets other than complying superannuation assets or segregated exempt assets|
|320-125||Capital losses from complying superannuation assets|
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