Income Tax Assessment Act 1997

CHAPTER 1 - INTRODUCTION AND CORE PROVISIONS  

PART 1-2 - A GUIDE TO THIS ACT  

Division 2 - How to use this Act  

Subdivision 2-C - How to identify defined terms and find the definitions  

SECTION 2-15   When terms are not identified  

2-15(1)    
Once a defined term has been identified by an asterisk, later occurrences of the term in the same subsection are not usually asterisked.

2-15(2)    
Terms are not asterisked in the non-operative material contained in this Act.

Note:

The non-operative material is described in Subdivision 2-E .

2-15(3)    

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The following basic terms used throughout the Act are not identified with an asterisk. They fall into 2 groups:

Key participants in the income tax system

Item	This term:	is defined in:
1.	Australian resident	section 995-1
.
2.	Commissioner	section 995-1
.
3.	company	section 995-1
.
4.	entity	section 960-100
.
4A.	foreign resident	section 995-1
.
5.	individual	section 995-1
.
6.	partnership	section 995-1
.
7.	person	section 995-1
.
8.	trustee	section 995-1
.
9.	you	section 4-5

Core concepts

Item	This term:	is defined in:
1.	amount	section 995-1
.
2.	assessable income	Division 6
.
3.	assessment	section 995-1
.
3A.	Australia	Subdivision 960-T
.
4.	deduct, deduction	Division 8
.
5.	income tax	section 995-1
.
6.	income year	section 995-1
.
7.	taxable income	section 4-15
.
8.	this Act	section 995-1

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History

S 2-15 amended by No 2 of 2015, s 3 and Sch 4 item 2, by inserting item 3A in the table headed " Core concepts " , applicable to an income year, a year of income or a tax period that commences on or after 1 July 2015.

S 2-15 amended by No 44 of 2000.

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