Commonwealth Consolidated Regulations

INCOME TAX REGULATIONS 1936

- made under the Income Tax Assessment Act 1936

TABLE OF PROVISIONS

   1.      Name of regulations [see Note 1]  
   2.      Interpretation  

   PART 2--ADMINISTRATION

   3.      Oath or Declaration by officers  

   PART 3--LIABILITY TO TAXATION

   6.      Prescribed classes of persons (Act, section 23AB)  
   7.      Termination dates of operational areas (Act, subsection 23AC (7))  
   7A.     Declaration of eligible duty  
   9.      Prescribed Life Tables -- subsection 27H (4) of the Act  
   12.     Excluded car parking facilities  
   13.     Prescribed stock exchanges  
   14AA.   Debentures issued on overseas capital market (subsection 128F (8))  

   PART 4--RETURNS AND ASSESSMENTS

   19.     Statement to be furnished by employers  
   20.     Amendment of assessments for an income year  

   PART 4A--PREFERRED ADDRESS FOR SERVICE AND SERVICE OF DOCUMENTS

   35.     References to Act include references to 1997 Act  
   36.     Preferred address for service  
   37.     Change or withdrawal of preferred address for service  
   37A.    Requirement to maintain a preferred address for service  
   38.     Substitute preferred address for service  
   39.     Failure to notify change of address  
   40.     Service of documents  

   PART 6--TAX FILE NUMBERS

   54.     Interpretation  
   55.     File number reports  
   56.     Annual investment income reports  
   56A.    Paragraph 202DDB (1) (b) of the Act: condition  
   57.     Reviewable decisions  

           Division 12--Prompt recovery, through estimates and payment agreements, of certain amounts not remitted

   147G.   Affidavits and statutory declarations of government bodies -- prescribed persons  

   PART 8--REBATE FOR LOW INCOME AGED PERSONS AND IN RESPECT OF CERTAIN PENSIONS AND BENEFITS

           Division 1--General

   148.    Interpretation  
   149.    Amount of rebate of tax  

           Division 1A--Rebate under sections 160AAAA and 160AAAB of the Act

   150AA.  Definitions  
   150AB.  Eligibility -- amount of taxable income  
   150AD.  Rebate for low income aged persons  
   150AE.  Transfer of unused rebate from taxpayer other than trustee  
   150AF.  Transfer of unused rebate from taxpayer who is trustee  

           Division 2--Rebate in respect of certain pensions

   150A.   Definitions  
   151.    Rebate for section 160AAA of the Act  

           Division 3--Rebate in respect of certain benefits

   152.    Rebate of tax in respect of rebatable benefits  

   PART 8A--FOREIGN INCOME

           Division 1--General

   152A.   Interpretation  

           Division 2--Controlled foreign companies

   152B.   Income or profits as designated concession income  
   152C.   Listed countries and section 404 countries  
   152D.   Capital gains regarded as subject to tax  
   152E.   Circumstances specified for the definition of roll-over relief in regulation 152D  
   152F.   Accruals tax laws  
   152G.   State foreign taxes that are treated as federal foreign taxes  

           Division 3--Foreign investment funds

   152H.   Amortisation of expenditure in acquiring property  
   152I.   Approved stock exchanges  
   152J.   International sectoral classification systems  

   PART 9--REGISTRATION OF TAX AGENTS

   153.    Interpretation  
   154.    Appointment of secretary  
   155.    Communications to Board  
   156.    Prescribed qualifications for subparagraph 251BC (1) (b) (ii) of the Act  
   158.    Place of lodgement of applications  
   158A.   Tax agent application fees  
   159.    Certificate of registration  
   160.    Board to notify Commissioner of registration  
   161.    Register of Tax Agents  
   163.    Return of certificates of registration and exemption  
   164.    Notification of change of address  
   165.    Service of notices etc  
   166.    Publication of notice of suspension or cancellation  
   167.    Notification of person ceasing to be nominee of registered tax agent  
   168.    Evidence  
   169.    Removal of business to another State  

   PART 10--MISCELLANEOUS

   171.    Signatures  
   172.    Presumption as to signatures  
   173.    Appointment of Public Officer  
   174.    Scale of expenses in respect of persons required to attend before Commissioner etc under section 264 of the Act  
   175.    Oath or affirmation for purposes of section 265  
           SCHEDULE 1 Forms
           SCHEDULE 5 Scale of expenses
           SCHEDULE 9 Designated concession income
           SCHEDULE 10 Listed countries and section 404 countries
           SCHEDULE 12 Approved stock exchanges for the purposes of Part XI of the Act
           SCHEDULE 13 Approved international sectoral classification systems for the purposes of Part XI of the Act