Document ID: chunk:federal_register_of_legislation:C2025C00029:section:10:p24
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 10 (pt 24/29)
Character Range: 272758–275493

(d) an amount that is assessable as *ordinary income under section 6‑5;
 (e) *ESS interests to which Subdivision 83A‑B or 83A‑C (about employee share schemes) applies.
Note: Section 23L of the Income Tax Assessment Act 1936 provides that fringe benefits are non‑assessable non‑exempt income.

15‑3  Return to work payments
  Your assessable income includes an amount you receive under an *arrangement that an entity enters into for a purpose of inducing you to resume working for, or providing services to, any entity.

15‑5  Accrued leave transfer payments
  Your assessable income includes an *accrued leave transfer payment that you receive.
To find out if the payment is deductible to the payer, see section 26‑10.

15‑10  Bounties and subsidies
  Your assessable income includes a bounty or subsidy that:
 (a) you receive in relation to carrying on a *business; and
 (b) is not assessable as *ordinary income under section 6‑5.

15‑15  Profit‑making undertaking or plan
 (1) Your assessable income includes profit arising from the carrying on or carrying out of a profit‑making undertaking or plan.
 (2) This section does not apply to a profit that:
 (a) is assessable as *ordinary income under section 6‑5; or
 (b) arises in respect of the sale of property acquired on or after 20 September 1985.
Note: If you sell property you acquired before 20 September 1985 for profit‑making by sale, your assessable income includes the profit: see section 25A of the Income Tax Assessment Act 1936.

15‑20  Royalties
 (1) Your assessable income includes an amount that you receive as or by way of royalty within the ordinary meaning of "royalty" (disregarding the definition of royalty in subsection 995‑1(1)) if the amount is not assessable as *ordinary income under section 6‑5.
 (2) Subsection (1) does not apply to an amount of a payment to which section 15‑22 or 15‑23 applies.

15‑22  Payments made to members of a copyright collecting society
 (1) This section, instead of Division 6 of Part III of the Income Tax Assessment Act 1936, applies to a payment that a *copyright collecting society, to which section 51‑43 applies, makes to you as a *member of the society.
 (2) Your assessable income includes the amount of the payment, except to the extent that the payment represents an amount on which the directors of the society are or have been assessed, and are liable to pay *tax, under section 98, 99 or 99A of the Income Tax Assessment Act 1936.
Note: Section 410‑5 of this Act requires a copyright collecting society to give you a notice at the time of payment.

15‑23  Payments of resale royalties by resale royalty collecting society
 (1) This section, instead of Division 6 of Part III of the Income Tax Assessment Act 1936,