Document ID: chunk:federal_register_of_legislation:C2011C00519:clause:10_3
Version: federal_register_of_legislation:C2011C00519
Segment Type: clause
Provision Reference: sch 10 cl 3
Character Range: 232507–234751

3                                                              Expenditure incurred in freighting goods to Australia
                                                               expenditure incurred in freighting goods to Australia, to the extent that the goods will be used in the *making of the *film

 (2) General business overheads of the company are covered by item 1 of the table in subsection (1) only to the extent to which they do not exceed the lesser of:
 (a) 2% of the total of all the company's *production expenditure on the *film; and
 (b) $500,000.

Qualifying Australian production expenditure—special rules for the producer offset

376‑170  Qualifying Australian production expenditure—special rules for the producer offset

Expenditure that is qualifying Australian production expenditure

 (1) For the purposes of subsections 376‑65(6) and (7), expenditure on a *film incurred in a foreign country is qualifying Australian production expenditure of a company on the film if:
 (a) the expenditure is incurred by the company claiming the offset, or by another entity that is involved in the *making of the film; and
 (b) the expenditure would be qualifying Australian production expenditure if it had been incurred for, or reasonably attributable to:
 (i) goods and services provided in Australia; or
 (ii) the use of land located in Australia; or
 (iii) the use of goods that are located in Australia at the time they are used in the *making of the film; and
 (c) the film is made under an *arrangement entered into between the Commonwealth or an authority of the Commonwealth and the foreign country or an authority of the foreign country.

Note: This means that such expenditure is taken into account for the purposes of determining whether to issue a certificate for the producer offset to the company under section 376‑65. It is not taken into account in working out the amount of the producer offset to which the company is entitled.

 (2) For the purposes of the producer offset, the following expenditure of a company is also qualifying Australian production expenditure of the company on a *film:

Special Australian expenditure—producer offset
Item                                            Type of expenditure