ATO National Tax Equivalent Regime

ATTACHMENT 4 - Federal income tax laws

Federal income tax laws

The NTER is based on the following federal income tax laws:

(i)

Income Tax Assessment Act 1936

(ii)

Income Tax Assessment (1936 Act) Regulation 2015

(iii)

Income Tax Assessment Act 1997

(iv)

Income Tax Assessment (1997 Act) Regulations 2021

(v)

Taxation Administration Act 1953

(vi)

Taxation Administration Regulations 2017

(vii)

Taxation (Interest on Overpayments and Early Payments) Act 1983

(viii)

Taxation (Interest on Overpayments and Early Payments) Regulations 2018

(ix)

Income Tax Rates Act 1986

(x)

International Tax Agreements Act 1953

(xi)

Income Tax (Transitional Provisions) Act 1997

(xii)

General Interest Charge (Imposition) Act 1999

(xiii)

Income Tax Act 1986

(xiv)

Shortfall Interest Charge (Imposition) Act 2005

(xv)

Part 3 - Application and Transitional provisions, Schedule 6 - Income Tax Amendments for updates to accounting standards for general insurance contracts, Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024.

Version history

Prior versions of the ATO National Tax Equivalent Regime, from Version 6, can be requested from atolawsupport@ato.gov.au , if required.