Document ID: chunk:federal_register_of_legislation:C2025C00014:section:6:p19
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 6 (pt 19/19)
Character Range: 51706–54062

under labour hire arrangements, payments of annuities, superannuation benefits, payments for termination of employment, payments for unused leave, benefit payments, compensation payments and payments specified by regulations.
year of income means an income year as defined in subsection 995‑1(1) of the Income Tax Assessment Act 1997.
year of tax means the financial year for which income tax is levied.
 (1A) Unless the contrary intention appears, a reference in this Act to a failure to do an act or thing includes a reference to a refusal to do the act or thing.
 (2AA) A reference in this Act to an accounting period adopted in lieu of a year of income includes a reference to an accounting period:
 (a) that commences or ends under section 18A; and
 (b) that would, but for that section, form part of an accounting period so adopted.
 (2AB) The Commissioner may, by legislative instrument, make a determination modifying the operation of one or more provisions of this Act in relation to limited partnerships whose accounting periods commence or end under section 18A of the Income Tax Assessment Act 1936.
 (2AC) A determination can only be made under subsection (2AB) in order to take account of the fact that such accounting periods are of less than 12 months' duration.
 (3) The express references in this Act to companies do not imply that references to persons do not include references to companies.
 (4) Paragraph (d) of the definition of dividend in subsection (1) does not apply if, under an arrangement:
 (a) a person pays or credits any money or gives property to the company and the company credits its share capital account with the amount of the money or the value of the property; and
 (b) the company pays or credits any money, or distributes property to another person, and debits its share capital account with the amount of the money or the value of the property so paid, credited or distributed.
 (6) Where a place is, by virtue of paragraph (d) of the definition of permanent establishment in subsection (1), a permanent establishment of a person, the person shall, for the purposes of this Act, be deemed to be carrying on at or through that permanent establishment the business of selling the goods manufactured, assembled, processed, packed or distributed by the other person at the place that is that permanent establishment.