Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 61.695

What this Subdivision is about

A company may get a refundable tax offset for withholding payments made to Australian seafarers for overseas voyages if:

  (a)   the voyage is made by a vessel for which the company, or another entity, has a certificate under the Shipping Reform (Tax Incentives) Act 2012 ; and

  (b)   the company employs or engages the seafarer on such voyages for at least 91 days in the income year.

Table of sections

Operative provisions

61 - 700   Object of this Subdivision

61 - 705   Who is entitled to the seafarer tax offset

61 - 710   Amount of the seafarer tax offset


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