INCOME TAX ASSESSMENT AMENDMENT ACT (NO. 2) 1977

Table of Provisions

• 1 Short title.  
• 2 Commencement  
• 3 Source of royalty income derived by non-resident  
• 4 Assessable income annuities  
• 5 Deduction in respect of new plant installed on or after 1 January 1976  
• 6 Certain trust income to be taxed at special rate  
• 7 Interpretation  
• 8 Private companies  
• 9 Rebates and provisional tax  
• 10 Allowable capital expenditure  
• 12 Average income  
• 13 Permanent reduction of income  
• 14 Election that Division shall not apply  
• 15 Election that this Division shall apply  
• 16 Repeals  
• 17 General concessional rebates  
• 18 Indexation  
• 19 Rebate in case of disposal of assets of a business of primary production  
• 20 Interpretation  
• 21 Amount of provisional tax  
• 22 Health insurance levy  
• 23 Provisional tax