Tax Laws Amendment (Shipping Reform) Act 2012 (57 of 2012)
Schedule 1 Exempt shipping income
Income Tax Assessment Act 1997
10 Subsection 995-1(1)
Insert:
shipping passenger has the same meaning as in the Shipping Reform (Tax Incentives) Act 2012.
Note: Because of paragraph 8(4)(b) of the Shipping Reform (Tax Incentives) Act 2012, the amendments made by this Schedule apply in relation to shipping activities that take place on or after 1 July 2012.
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).
