INCOME TAX ASSESSMENT ACT 1997 - SECT 320.65 Deduction for life insurance premiums in respect of life insurance policies that provide for participating or discretionary benefits
INCOME TAX ASSESSMENT ACT 1997 - SECT 320.65
Deduction for life insurance premiums in respect of life insurance policies that provide for participating or discretionary benefits A * life insurance company can deduct the amounts of *
net premiums received in respect of * life insurance policies (other than *
complying superannuation life insurance policies or * exempt life insurance
policies) that provide for * participating benefits or * discretionary
benefits.