Income Tax Assessment Act 1997
Your assessable income includes an amount that you are entitled to receive because you cease to *hold a *registered emissions unit. Timing 420-25(2)
The amount is included in your assessable income for the income year in which you cease to *hold the unit. Source 420-25(3)
An amount included in your assessable income under subsection (1) is taken, for the purposes of the *income tax laws, to have a source in Australia.
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