Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 1   Tax preferred entities (asset financing)

Part 2   Consequential amendments

Income Tax Assessment Act 1997

41   Section 12-5 (table item headed "property")

Before:

arrangements relating to use of property if end-user an exempt public body or use outside Australia to produce exempt income



159GE to 159GO

insert:

arrangements relating to assets being put to tax preferred use


Division 250

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).