Private ruling: Income tax – Government payments
Date of advice: 29 November 2018
Published: March 2019

Ruling: Q1: Is the payment made to you by the Government ordinary income under section 6-5 of the Income Tax Assessment Act 1997 ? | A1:  | Q2: If the payment was not assessable as ordinary income under section 6-5 of the ITAA 1997, would the payment be a bounty or subsidy that is assessable income under section 15-10 of the ITAA 1997? | A2: