ato logo
Search Suggestion:

Deduction safeguards

Safeguard provisions are in place to ensure that Australian film industry incentives are not exploited.

Last updated 21 September 2003

Safeguard provisions are in place to ensure that Australian film industry incentives are not exploited. Two examples are:

  • expenditure qualifying for the deduction is limited to amounts that the investor may lose if the film venture fails
  • the ATO must be satisfied that the costs have not been inflated as part of a non-arm's length transaction.

QC16829