Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1157:p5
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1157 (pt 5/9)
Character Range: 2304257–2307575

Advance payment deduction
1206J Amount of advance payment deduction—basic calculation
1206K Person may request larger advance payment deduction
1206L Reduction of advance payment deduction in cases of severe financial hardship
1206M The final advance payment deduction
1206N Provisional payment rate insufficient to cover advance payment deduction
1206P Rounding of amounts
Part 3.16B—Special employment advance deductions
1206Q Special employment advance deduction
1206R Amount of special employment advance deduction—basic calculation
1206S Person may request larger special employment advance deduction
1206T Reduction of special employment advance deduction in cases of severe financial hardship
1206U The final special employment advance deduction
1206V Provisional payment rate insufficient to cover special employment advance deduction
1206W Rounding of amounts
Part 3.18—Means test treatment of private companies and private trusts
Division 1—Introduction
1207 Simplified outline
1207A Definitions
1207B Relatives
1207C Associates
1207D When a company is sufficiently influenced by an entity
1207E Majority voting interest in a company
1207F Entitled to acquire
1207G Transfer of property or services
1207H Constructive transfers of property or services to an entity
1207J Active involvement with a primary production enterprise
1207K Power to veto decisions of a trustee
1207L Extra‑territorial operation
1207M Application to things happening before commencement
Division 2—Designated private companies
1207N Designated private companies
Division 3—Designated private trusts
1207P Designated private trusts
Division 4—Controlled private companies
1207Q Controlled private companies
1207R Direct voting interest in a company
1207S Voting power
1207T Direct control interest in a company
1207U Interest in a share
Division 5—Controlled private trusts
1207V Controlled private trusts
1207W Interest in a trust
Division 6—Attributable stakeholders and attribution percentages
1207X Attributable stakeholder, asset attribution percentage and income attribution percentage
Division 7—Attribution of income of controlled private companies and controlled private trusts
1207Y Attribution of income
1207Z No double counting of attributed income
1208 Ordinary income of a company or trust
1208A Ordinary income from a business—treatment of trading stock
1208B Permissible reductions of business and investment income
1208C Derivation periods
1208D Attribution periods
Division 8—Attribution of assets of controlled private companies and controlled private trusts
1208E Attribution of assets
1208F When attributed asset is unrealisable
1208G Effect of charge or encumbrance on value of assets
1208H Effect of unsecured loan on value of assets
1208J Value of company's or trust's assets etc.
Division 9—Modification of asset deprivation rules
1208K Individual disposes of asset to company or trust
1208L Disposal of asset by company or trust
1208M Individual ceases to be an attributable stakeholder of a company or trust
1208N Individual disposes of asset to company or trust before 1 January 2002—individual is attributable stakeholder
1208P Individual disposes of asset to company or trust before 1 January 2002—individual's spouse is attributable stakeholder
Division 10—Modification of income deprivation rules
1208Q