Examples of ITAA 1936 in a sentence
In all other circumstances the election commencement time is the first day of the income year specified in item 6 of Section A, orn varying the specified individual of a family trust election under subsection 272-80(5C) of Schedule 2F to the ITAA 1936 as a result of an order, an agreement, or an award.
Upon distribution of the Insurance Proceeds to the Beneficiaries of the Trust, they would normally be exempt from Income or Capital Gains Tax in the hands of the Beneficiaries pursuant to section 97(1)(b) of the ITAA 1936.
Do not include at B amounts that are subject to a final withholding tax, for example, amounts subject to withholding tax under section 128B of the ITAA 1936.
Write at B item 43 the amount of the company's unfranked non-portfolio dividend account surplus at the end of the income year determined under subsection 46FB(2) of the ITAA 1936.
The authorisation process, or the licensing process, provides the means of managing both entry into the telecommunications and broadcasting markets and the behaviour of telecommunications and broadcasting service providers once they have entered the market.
The Company is exempt from income tax under section 24AM of the Income Tax Assessment Act 1936 (ITAA 1936) on the basis that the Company is a State/Territory Body (STB), by virtue of the fact that the Company’s sole shareholder is the Sunshine Coast Regional Council.
At the July 2015 Board Meeting, the board approved proposed text to amend Sections 1780 et seq.
This summary is based upon the provisions of the Income Tax Assessment Act 1936 (Cth) (ITAA 1936), the Income Tax Assessment Act 1997 (Cth) (ITAA 1997) and the Taxation Administration Act 1953 (Cth) (TAA 53) as at the date of this Scheme Booklet.
Delivery of an executed counterpart of a signature page of this Amendment No. 2 by telecopy or e-mail shall be effective as delivery of a manually executed counterpart of this Amendment No. 2.
The primary question put before the Court was whether the determinations made by the Commissioner in respect of each taxpayer were invalid on the basis that the Commissioner had made simultaneous determinations under the same provisions of the ITAA 1936 for the same year, and in relation to the same income, which were inconsistent with each other.