Accrued leave transfer payments

  ....................................

15 - 5

alienated personal services income

  ....................................

86 - 15

allowances

see employment

annual leave

see leave payments

annuities

  ....................................

27H

approved deposit fund (ADFs)

see superannuation

attributable income

see controlled foreign corporations

avoidance of tax

general .................................

177F

diversion of income .........................

121H

see also transfers of income

bad debts

see recoupment

balancing adjustment

see capital allowances , investments , R&D , scientific research and tax exempt entities

banking

offshore banking unit, deemed interest on payments to by owner  

121EK

barter transactions

.......... ..................................

21, 21A, 15 - 2

beneficiaries

see trusts

benefits

business, non - cash ...................

21A

consideration, non - cash ................

21

meals you provide in an in - house dining facility  

32 - 70

see also employment and superannuation

bonus shares

see shares

bounties

.......... ..................................

15 - 10

capital allowances

excess of termination value over adjustable value

generally .........................

40 - 285

for some cars ......................

40 - 370

depreciating asset in low - value pool ........

40 - 445(2)

expenditure in software development pool ..........

40 - 460

recovery of petroleum resource rent tax ............

40 - 750(3)

capital gains

  ....................................

102 - 5

see also insurance

car expenses

cents per kilometres reimbursement of ............

15 - 70

carried interests

carried interests, not ordinary income .............

118 - 21

CFCs

see controlled foreign corporations

charters

see shipping

child

non - trust income of, unearned ............

102AE

trust income of, unearned .....................

102AG

collecting societies

payments of royalties by copyright collecting societies ..

15 - 22

payments of royalties by resale royalty collecting society  

15 - 23

company

see controlled foreign corporations , co - operative company , directors , dividends , liquidation , shareholders and shares

compensation

live stock or trees, recoveries for loss of ...........

385 - 130

profits or income, insurance or indemnity for loss of ....

15 - 30

received by lessor for lessee's non - compliance with lease obligation to repair              

15 - 25

trading stock, insurance or indemnity for loss of ......

70 - 115

see also insurance , live stock , recoupment and scientific research

consideration

see benefits

consolidated groups and MEC groups

Assets in relation to Division   230 financial arrangement .

701 - 61(3)

controlled foreign corporations (CFCs)

attributable income of .......................

456 to 459A

see also dividends and taxes

co - operative company

receipts of ...............................

119

credit union

see co - operative company

currency gains

see foreign exchange

currency losses

see recoupment

death

see trusts

debt/equity swap

see shares and units

defence forces

allowances and benefits for service as a member of ....

15 - 2

depreciation

see capital allowances

directors

excessive remuneration or retirement payment from company  

109

distributions

see dividends

dividends

benefit of LIC capital gain through a trust or partnership .

115 - 280

general .................................

44(1)

distribution from a controlled foreign corporation .....

47A(1)

franked dividends, credits on ...................

207 - 20(1), 207 - 35(1), 207 - 35(3)

see also liquidation

elections

local government, reimbursement of expenses of ......

25 - 65

see also recoupment

electricity connections

see recoupment

employees

see shares

employment

allowances and benefits in relation to employment or rendering services  

15 - 2

employment termination payment ...............

82 - 10
82 - 65
82 - 70

other payments for employment termination .........

83 - 295

return to work payments ......................

15 - 3

see accrued leave transfer payments, leave payments , superannuation and sections   82 - 10A and 82 - 10C of the Income Tax (Transitional Provisions) Act 1997

environment

see recoupment

farm management deposits

repayments of ............................

393 - 10

films

Australian, proceeds of investment in .............

26AG

financial arrangements

gains from ...............................

230 - 15(1)

foreign exchange

gains ..................................

775 - 15

see also recoupment

foreign income tax deduction for franked distributions

Additional Tier 1 capital exception ...............

15 - 80

forestry agreement

amount where section   82KZMG of the 1936 Act applies .

15 - 45

CGT event in relation to forestry interest in agreement ..

82KZMGB

forestry managed investment schemes

forestry manager's receipts under scheme ...........

15 - 46

CGT event in relation to forestry interest in scheme for initial participant  

394 - 25(2)

CGT event in relation to forestry interest in scheme for subsequent participant              

394 - 30(2)

franked dividends

see dividends

funeral policy

benefit under ..............................

15 - 55

general insurance companies and companies that self insure

gross premiums ............................

reduction in value of adjusted liability for incurred claims  

321 - 45

321 - 10

reduction in value of adjusted liability for remaining coverage  

321 - 50

reduction in value of outstanding claims liability ......

321 - 80

geothermal energy

providing geothermal exploration information .......

15 - 40

grapevines

see recoupment

horticultural plants

see recoupment

improvements

see leases

imputation

see dividends

indemnity

see compensation and recoupment

insurance

bonuses .................................

26AH , 15 - 75

company, demutualisation of ...................

121AT

life insurance, transfer of contributions by superannuation fund or approved deposit fund to              

295 - 260

payments from a non - resident reinsurer in respect
of a loss ..............................

148

premiums in respect of Australian business received by non - resident insurers              

143

premiums paid to a non - resident for reinsurance  

148

premiums paid to mutual insurance association .......

121

premiums payable to a non - resident for insurance of property in Australia              

142(1)

premiums payable to a non - resident for insuring an event that can only happen in Australia              

142(1)

premiums payable to a non - resident under an insurance contract with a resident              

142(2)

rebates and premiums refunded to a superannuation fund trustee  

295 - 320 (table item   4)

see also compensation , life insurance companies and recoupment

interest

overpaid tax, on ...........................

15 - 35

qualifying securities, on ......................

159GQ, 159GW(1)

see also co - operative companies and leases

investments

prizes from investment - related lotteries ......

26AJ

qualifying securities, payments to partial residents made under  

159GW(2)

qualifying securities, amount assessable to issuer of ....

159GT(1B)

qualifying securities, balancing adjustment on the transfer of  

159GS

securities, variation in terms of .................

159GV(2)

securities lending arrangements .................

26BC

traditional securities, gains on the disposal or redemption of  

26BB

see also films and interest

landcare operations

see recoupment

leased plant ..................................

Division   45

leases

amounts received by lessor from lessee for non - compliance with lease obligation to repair              

15 - 25

interest component of payments under non - leveraged finance leases              

159GK

partnership leasing property under non - leveraged finance lease, new partner or contribution of capital since 14   May 1985              

159GO

premiums relating to assignment of a lease granted before 20   September 1985              

26AB

profit on disposal of previously leased motor vehicles ..

Subdivision   20 - B

leases of luxury cars

accrual amounts ...........................

242 - 35

adjustment amounts (lessee)

242 - 70

adjustment amounts (lessor)

242 - 65

leave payments

accrued leave transfer payment .................

15 - 5

unused annual leave payment .......... ..............

83 - 10

unused long service leave payment ...............

83 - 80

see employment

life insurance companies

Subdivision   320 - B

limited recourse debt

excessive deduction amount (debtor)

243 - 40

excessive deduction amount (partner)

243 - 65

liquidation

distribution to a shareholder in winding up a company ..

47(1)

live stock

death or destruction of .......................

Subdivision   385 - E

departing Australia and ......................

385 - 160, 385 - 163

insolvency, and ...........................

385 - 160, 385 - 163

profits on death or disposal of ..................

Subdivision   385 - E, 385 - 160

see also compensation and trading stock

long service leave

see leave payments

losses

see compensation

lotteries

see investments

managed investment trusts

gains etc. from carried interests .................

275 - 200(2)

meals

see benefits

Mining

providing mining, quarrying or prospecting information .

15 - 40

minors

see child

motor vehicles

see car expenses and leases

mutual insurance

see insurance

non - cash benefits

see benefits and employment

notional sales and loans

adjustment amounts (lessee)

240 - 110(2)

adjustment amounts (lessor)

240 - 105(2)

notional interest ............................

240 - 35(1)

profit on actual sale .........................

240 - 35(3)

profit on notional sale ........................

240 - 35(2)

offshore banking units

see banking

partnerships

net income of, partner's interest in ...............

92(1)

uncontrolled partnership income, effect of ..........

94

see also leases

petroleum

resource rent tax, recovery of ..................

20 - 30(1)

see also capital allowances

premiums

see insurance , leases and superannuation

primary production

see recoupment

prizes

see investments

profits

cross - border transfer pricing .............

815 - 30

profit - making undertaking or plan ..........

15 - 15

sale of property acquired before 20   September 1985 for profit - making by sale              

25A

see also avoidance of tax

Project pools

An amount received for the abandonment, sale or other disposal of a project              

40 - 830, 40 - 832

property

see profits and trusts

quarrying

see mining and recoupment

R&D

balancing adjustment ........................

40 - 292, 40 - 293, 355 - 315 and 355 - 525

disposal of R&D results ......................

355 - 410

recoupments and feedstock adjustments ...........

355 - 450

rates

see recoupment

recoupment

insurance or indemnity for deductible losses or
outgoings .............................

Subdivision   20 - A

other recoupment for certain deductible losses or outgoings  

Subdivision   20 - A

see also car expenses , compensation , elections and petroleum

registered emissions units

disposal of ...............................

420 - 25

disposal for a non - commercial purpose.......... ..

420 - 40

difference between opening and closing value of ......

420 - 45

reimbursements

see car expenses , dividends , elections , petroleum and recoupment

reinsurance

see insurance

retirement payments

see directors , leave payments and shareholders

rights to income

see transfers of income

roads

see timber

royalties

.......... ..................................

15 - 20

schemes

see avoidance of tax

scholarship plan

benefit under ..............................

15 - 60

scientific research

consideration for disposal or destruction of buildings acquired for scientific research              

73A(4)

securities

see investments

services

see co - operative companies , employment , loans and trusts

shareholders

excessive remuneration or retirement payment from company  

109

loans, payments and credits from company .........

Division   7A of Part   III

see also dividends

shares

acquired in a debt/equity swap, profit on the disposal cancellation or redemption of              

63E(4)

bonus shares, cost of ........................

6BA

buy - backs .........................

159GZZZJ to 159GZZZT

employee share schemes .....................

Subdivisions
83A - B and 83A - C

holding company shares held by a subsidiary, cancellation of  

159GZZZC to 159GZZZI

see also dividends

shipping

goods shipped in Australia, amounts paid to foreign shipowners and charterers for              

129

subsidies

.......... ..................................

15 - 10

superannuation

associated earnings on non - concessional contributions  

Subdivision   292 - B

benefits generally ..........................

Divisions   301 to 306

benefits in breach of legislative requirements ........

Division   304

benefits received from older superannuation funds ....

26AF, 26AFA

complying fund becomes non - complying, effect of  

295 - 320 (table item   2)

contributions to an approved deposit fund ..........

Subdivisions   295 - C and 295 - D

contributions to an RSA ......................

Subdivision   295 - C

contributions to a superannuation fund ............

Subdivisions
295 - C and 295 - D

death benefits .............................

302 - 75
302 - 85
302 - 90
302 - 145

excess concessional contributions ................

291 - 15(a)

first home super saver scheme ..................

313 - 20

foreign superannuation funds and schemes, benefits from  

305 - 70

member benefits ...........................

301 - 20
301 - 25
301 - 35
301 - 40
Subdivision   301 - C

foreign fund becoming Australian, effect of .........

295 - 320 (table item   3)

no - TFN contributions income ............

295 - 605

release authorities, payments from ...............

304 - 20

returned contributions .......................

290 - 100

trustee's liability to pay tax ....................

295 - 5(2) and (3)

see insurance

tax avoidance

see avoidance of tax and transfers of income

tax exempt entities

treatment of income and gains on becoming taxable ....

Schedule   2D

taxes

see dividends , foreign investment funds , interest and recoupment

termination of employment

see directors , eligible termination payments , leave payments and shareholders

theft

see recoupment

trading stock

change in interests in ........................

70 - 100

death of trader and .........................

70 - 105

difference between opening and closing value of ......

70 - 35

disposal not at arm's length ....................

70 - 20

disposal of outside ordinary course of business .......

70 - 90, 70 - 95

see also compensation and tax exempt entities

transfer pricing

arm's length principle for cross - border conditions between entities              

Subdivision   815 - B

arm's length principle for permanent establishments ....

Subdivision   815 - C

transfers of income

consideration for transfer of right to income .........

102CA

payments for transfer or disposal of property ........

262

transferee, effect on of transfer of right to income .....

102C

transferor, effect on of transfer of right to income .....

102B

travel expenses

see car expenses

trusts

beneficiary under legal disability or with a vested and indefeasible interest in trust income              

100

deceased estates, income of ....................

101A

discretionary trusts .........................

101

net income of a trust estate, your present entitlement to

97, 101

non - resident beneficiaries, liability to tax of ...

98A

non - resident trust estates to which you have transferred property or services, income of              

102AAZD

property of applied for benefit of beneficiaries .......

99B

trust estate includes income from another trust estate

94(5)

trustees' liability to tax .......................

98, 99, 99A, 102, 102S

see also avoidance of tax and superannuation

unearned income

see child

units

acquired in a debt/equity swap, profit on the disposal, cancellation or redemption of              

63E(4)

water conservation

see recoupment

winding - up

see insurance and liquidation

wool clips

double wool clips, treatment of .................

385 - 135, 385 - 155

work in progress

receipt of a work in progress amount .............

15 - 50