INCOME TAX ASSESSMENT ACT 1997 - SECT 32.40 Entertainment industry expenses
INCOME TAX ASSESSMENT ACT 1997 - SECT 32.40
Entertainment industry expenses
Entertainment industry expenses | ||
Item | Section 32 - 5 does not stop you deducting a loss or outgoing for ... | But the exception does not apply if ... |
3.1 | providing * entertainment for payment in the ordinary course of a * business that you carry on. |
|
3.2 | providing * entertainment in performing your duties to your employer who carries on a * business that includes providing that entertainment for payment. |
|