Income Tax Assessment Act 1936

PART III - LIABILITY TO TAXATION  

Division 17 - Rebates  

Subdivision B - Miscellaneous  

SECTION 160ADA  

160ADA   MOST TAX OFFSETS UNDER THE 1997 ASSESSMENT ACT ARE TREATED AS REBATES  

A tax offset under a provision of the Income Tax Assessment Act 1997 is taken to be a rebate for the purposes of this Act, unless that provision corresponds to a provision of this Act that provides for a credit.

Note:

If the tax offset provision does correspond to a credit provision, the tax offset is treated as a credit: see section 6D .