Document ID: chunk:federal_register_of_legislation:C2025C00029:section:4:p9
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 4 (pt 9/15)
Character Range: 8036381–8039216

section 426‑103 in Schedule 1 to the Taxation Administration Act 1953.
public company means a company that is a public company (as defined by section 103A of the Income Tax Assessment Act 1936) for the income year.
public financial entity has the meaning given by section 880‑130.
publicly traded unit trust has the meaning given by section 149‑50.
public non‑financial entity has the meaning given by section 880‑130.
public official means an employee or official of an *Australian government agency or of a *local governing body.
public ruling has the meaning given by sections 358‑5 and 362‑5 in Schedule 1 to the Taxation Administration Act 1953.
public sector superannuation scheme has the same meaning as in the Superannuation Industry (Supervision) Act 1993.
public trading trust has the meaning given by section 102R of the Income Tax Assessment Act 1936.
purpose of producing assessable income: something is done for the purpose of producing assessable income if it is done:
 (a) for the purpose of gaining or producing assessable income; or
 (b) in carrying on a *business for the purpose of gaining or producing assessable income.
Note: Sections 26‑19 (about using property in gaining or producing rebatable benefits) and 32‑15 (about using property in providing entertainment) treat use of property as not being for the purpose of producing assessable income.
purposes of the Project Wickenby taskforce has the meaning given by section 355‑70 in Schedule 1 to the Taxation Administration Act 1953.
put to a tax preferred use, in relation to an asset, has the meaning given by section 250‑60.
Qualified Domestic Minimum Top‑up Tax:
 (a) means Qualified Domestic Minimum Top‑up Tax (within the meaning of the *Minimum Tax Rules); or
 (b) if the expression Qualified Domestic Minimum Top‑up Tax is not used in the Minimum Tax Rules—has the meaning given by the regulations.
qualifying Australian development expenditure has the meaning given by section 378‑40.
qualifying Australian production expenditure has the meaning given by Subdivision 376‑C.
Qualifying Competent Authority Agreement has the meaning given by subsection 127‑20(3) in Schedule 1 to the Taxation Administration Act 1953.
qualifying forex account means an account that:
 (a) is denominated in a particular *foreign currency; and
 (c) either:
 (i) has the primary purpose of facilitating transactions; or
 (ii) is a credit card account.
qualifying investor has the meaning given by section 43‑220.
qualifying security has the same meaning as in Division 16E of Part III of the Income Tax Assessment Act 1936.
qualifying SME investment means an *SME investment that is made in accordance with Division 1 of Part 4 of the Pooled Development Funds Act 1997.
quarter means a period of 3 months ending on 31 March, 30 June, 30 September or 31 December.
quarterly