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INCOME TAX ACT 1973 No. 166 of 1973 - SECT 9
Rates of tax payable by company.
9. (1) The rates of tax payable by a company, other than a company in the
capacity of a trustee, are as set out in Schedule 6.
(2) Where the taxable income of a non-profit company other than a friendly
society dispensary does not exceed $1,830, the amount of tax payable by the
company shall not exceed eleven-twentieths of the amount by which the taxable
income exceeds $416 less any rebate or credit to which the company is
entitled.
(3) Where the taxable income of a non-profit company that is a friendly
society dispensary does not exceed $1,664, the amount of tax payable by the
company shall not exceed one-half of the amount by which the taxable income
exceeds $416 less any rebate or credit to which the company is entitled.
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