Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-35
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INSURANCE BUSINESS
Division 321
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General insurance companies and companies that self-insure in respect of workers
'
compensation liabilities
Subdivision 321-C
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Companies that self-insure in respect of workers
'
compensation liabilities
SECTION 321-95
321-95
Deductions for claims paid during current year
A company that is not required by law to insure, and does not insure, against liability for workers' compensation claims can deduct for the *current year amounts paid during that year in respect of such claims.
View history note
Hide history noteA company that is not required by law to insure, and does not insure, against liability for workers' compensation claims can deduct for the *current year amounts paid during that year in respect of such claims.
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