INCOME TAX ASSESSMENT ACT 1997 (ARCHIVE)
A special credit under section 16, 16A, 16B, 16C, 19A or 19B, of the A New Tax System (Goods and Services Tax Transition) Act 1999 is assessable income :
(a) at the time it is attributed to a * tax period (for a credit under section 16, 16A, 16B, 19A or 19B; or
(b) at the time it is paid (for a credit under section 16C).
Hide history note
View history noteS 17-30(1) amended by No 97 of 2002, s 3 and Sch 1 item 8, by substituting ``, 19A or 19B'' for ``or 19A'' (wherever occurring), effective 10 November 2002.
17-30(2)
A special credit under section 3 of the A New Tax System (Wine Equalisation Tax and Luxury Car Tax Transition) Act 1999 is assessable income at the time it is attributed to a * tax period.
S 17-30(2) inserted by No 156 of 2000, s 3 and Sch 6 item 48, applicable to assessments for the 2000/01 and later years of income.
S 17-30 inserted by No 177 of 1999, s 3 and Sch 8 item 2, effective 1 July 2000.
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