Income Tax Assessment Act 1997

CHAPTER 1 - INTRODUCTION AND CORE PROVISIONS  

PART 1-4 - CHECKLISTS OF WHAT IS COVERED BY CONCEPTS USED IN THE CORE PROVISIONS  

Division 11 - Particular kinds of non-assessable income  

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History

Div 11 (heading) substituted by No 66 of 2003.

Subdivision 11-A - Lists of classes of exempt income  

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Subdiv 11-A (heading) inserted by No 66 of 2003.

SECTION 11-5  

11-5   Entities that are exempt, no matter what kind of ordinary or statutory income they have  

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Provisions of the Income Tax Assessment Act 1997 are identified in normal text. The other provisions, in bold , are provisions of the Income Tax Assessment Act 1936 .

Note:

Special rules apply to entities that cease to be exempt. See Schedule 2D to the Income Tax Assessment Act 1936 .

charity, education or science
	educational institution, public	50-5
	registered charity	50-5
	scientific institution	50-5
	scientific research fund	50-5
	scientific society etc.	50-5
community service
	community service society etc.	50-10
employees and employers
	employee association	50-15
	employer association	50-15
	trade union	50-15
[ film] (Repealed by No 41 of 2011)
[ funds established by will or trust] (Repealed by No 96 of 2013)
[ finance] (Repealed by No 101 of 2004)
government
	constitutionally protected fund	50-25
	local governing body	50-25
	municipal corporation	50-25
	public authority	50-25
	state/territory bodies	24AK to 24AZ
health
	health benefits organisation	50-30
	hospital	50-30
	medical benefits organisation	50-30
HIH rescue package
	HIH Claims Support Trust	322-10
mining
	British Phosphate Commissioners Banaba Contingency Fund	50-35
primary or secondary resources, and tourism
	agricultural society etc.	50-40
	aviation society etc.	50-40
	Global Infrastructure Hub Ltd	50-40
	horticultural society etc.	50-40
	industrial society etc.	50-40
	manufacturing society etc.	50-40
	pastoral society etc.	50-40
	tourism society etc.	50-40
	viticultural society etc.	50-40
sports, culture or recreation
	animal racing society etc.	50-45
	art society etc.	50-45
	F é d é ration Internationale de Football Association	50-45
	FWWC2023 Pty Ltd	50-45
	game society etc.	50-45
	ICC Business Corporation FZ-LLC	50-45
	literature society etc.	50-45
	music society etc.	50-45
	sport society etc.	50-45

[ CCH Note: S 11-5 will be amended by No 70 of 2015 (as amended by No 49 of 2019), s 3 and Sch 4 item 3, by omitting " Global Infrastructure Hub Ltd ................... 50-40 " , effective 1 July 2025.]

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Detailed history notes are not provided for individual amendments to s 11-5, as this section operates as a guide only. The following paragraph lists the amending Acts that have affected s 11-5.

S 11-5 amended by No 35 of 2022, No 84 of 2018,No 70 of 2015, No 96 of 2013, No 169 of 2012, No 41 of 2011, No 75 of 2010 , No 9 of 2007 , No 63 of 2005, No 101 of 2004 and No 169 of 2001, No 16 of 1998, No 121 of 1997.

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