Tax Laws Amendment (2005 Measures No. 5) Act 2005 (162 of 2005)
Schedule 2 Tax offset for Australian production expenditure on television series
Income Tax Assessment Act 1997
7 After section 376-15
Insert:
376-17 Television series
(1) A television series is a *film made up of 2 or more episodes that:
(a) are produced wholly or principally for exhibition to the public on television under a single title; and
(b) contain a common theme or themes; and
(c) contain dramatic elements that form a narrative structure; and
(d) meet the requirement in subsection (2).
Note: A documentary can be a television series.
(2) The requirement is that all of the episodes must be produced wholly or principally for exhibition together, for a national market or national markets.
(3) To avoid doubt, and without limiting paragraph (1)(c), a *film satisfies the requirement in that paragraph if:
(a) the sole or dominant purpose of the film is to depict actual events, people or situations; and
(b) the film depicts those events, people or situations in a dramatic or entertaining way, with a heavy emphasis on dramatic impact or entertainment value.
(4) A pilot episode to a television series is taken to be a part of the television series.
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