INCOME TAX ASSESSMENT ACT 1997 - SECT 30.180 How this Subdivision applies to government entities

INCOME TAX ASSESSMENT ACT 1997 - SECT 30.180

  (1)   The other sections of this Subdivision apply in relation to a * government entity in the same way as they apply in relation to an entity.

  (2)   Subparagraph   30 - 125(2)(b)(i) (as applied by this section) operates as if it referred to the * government entity consisting of persons, one or more of whom controlled the fund (instead of referring to the entity legally owning the fund).

Table of sections

Valuation requirements

30 - 200   Getting written valuations

30 - 205   Proceeds of the sale would have been assessable

30 - 210   Approved valuers

30 - 212   Valuations by the Commissioner

Working out the amount you can deduct for a gift of property

30 - 215   How much you can deduct

30 - 220   Reducing the amount you can deduct

Joint ownership of property

30 - 225   Gift of property by joint owners