Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 960.400

What this Subdivision is about

The expression "market value" is often used in this Act with its ordinary meaning.

However, in some cases that expression has a meaning affected by this Subdivision.

The Commissioner may approve methods to use for working out the market value of assets or non - cash benefits.

Table of sections

Operative provisions

960 - 405   Effect of GST on market value of an asset

960 - 410   Market value of non - cash benefits

960 - 412   Working out market value using an approved method

960 - 415   Amounts that depend on market value


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback