Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p13
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 13/59)
Character Range: 7898377–7901231

1995.
current year means the income year for which you are working out your assessable income, deductions and *tax offsets.
custodian has the meaning given by section 12‑390 in Schedule 1 to the Taxation Administration Act 1953.
customs dealing has the meaning given by the *Wine Tax Act.
customs duty has the meaning given by the *GST Act.
date of the settlement or order, for a *structured settlement or a *structured order, has the meaning given by section 54‑5.
death benefits dependant has the meaning given by section 302‑195.
death benefit termination payment has the meaning given by subsection 82‑130(3).
debenture of a company or unit trust includes debenture stock, bonds, notes and any other securities of the company or trust, whether or not constituting a charge on its assets.
debit value, of a *superannuation interest that supports an income stream that is, or was at any time, a *capped defined benefit income stream, has the meaning given by section 294‑145.
debt account discharge liability has the meaning given by section 133‑120 in Schedule 1 to the Taxation Administration Act 1953.
debt capital, of an entity and at a particular time, means any *debt interests issued by the entity that are still *on issue at that time.
debt deduction has the meaning given by section 820‑40.
debt interest in an entity has the meaning given by Subdivision 974‑B.
debt‑like trust instrument has the meaning given by section 276‑505.
debt property has the meaning given by section 243‑30.
decrease time for a *direct value shift has the meaning given by section 725‑155.
decreasing adjustment has the meaning given by section 195‑1 of the *GST Act.
deduct has the meaning given by sections 8‑1 and 8‑5.
deductible gift recipient has the meaning given by section 30‑227.
deducting hybrid has the meaning given by section 832‑550.
deducting hybrid mismatch has the meaning given by section 832‑545.
deduction means an amount that you can deduct.
Note: For income years before 1997‑98, deduction has the meaning given by section 8‑3 of the Income Tax (Transitional Provisions) Act 1997.
deduction component:
 (a) of a *deduction/non‑inclusion mismatch—has the meaning given by subsections 832‑105(1) and 832‑105(2); and
 (b) of a *deduction/deduction mismatch—has the meaning given by subsection 832‑110(2); and
 (c) of a *hybrid financial instrument mismatch—has the meaning given by subsection 832‑200(2); and
 (d) of a *hybrid payer mismatch—has the meaning given by subsection 832‑305(2); and
 (e) of a *reverse hybrid mismatch—has the meaning given by subsection 832‑395(2); and
 (f) of a *branch hybrid mismatch—has the meaning given by subsection 832‑470(2); and
 (g) of a *deducting hybrid mismatch—has the meaning given by subsection 832‑545(2); and
 (h) of an *offshore hybrid mismatch—means the *deduction component of the relevant hybrid