Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 136AC

                   For the purposes of this Division, an agreement is an international agreement if:

                     (a)  a non‑resident supplied or acquired property under the agreement otherwise than in connection with a business carried on in Australia by the non‑resident at or through a permanent establishment of the non‑resident in Australia; or

                     (b)  a resident carrying on a business outside Australia supplied or acquired property under the agreement, being property supplied or acquired in connection with that business; or

                     (c)  a taxpayer:

                              (i)  supplied or acquired property under the agreement in connection with a business; and

                             (ii)  carries on that business in an area covered by an international tax sharing treaty.