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Income Tax Assessment Act 1936 information


Income Tax Assessment Act 1936
Parliament of Australia
Long title
  • An Act to consolidate and amend the Law relating to the Imposition Assessment and Collection of a Tax upon Incomes.
CitationNo. 27 of 1936 or No. 27, 1936 as amended
Territorial extentStates and territories of Australia
Enacted byAustralian House of Representatives
Royal assent2 June 1936
Legislative history
Bill titleIncome Tax Assessment Bill 1935
Introduced byRichard G. Casey
Status: In force

The Income Tax Assessment Act 1936 (Cth) is an Act of the Parliament of Australia. It is one of the main statutes under which income tax is calculated. The Act is gradually being rewritten into the Income Tax Assessment Act 1997, and new matters are generally now added to the 1997 Act.

The reason for rewriting the act is that amendments over the years have made it thousands of pages long, and very complex. Amendments have also created subsection upon subsection.

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Income Tax Assessment Act 1936

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The Income Tax Assessment Act 1936 (Cth) is an Act of the Parliament of Australia. It is one of the main statutes under which income tax is calculated...

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Income Tax Assessment Act 1997

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income tax assessments. The Act was passed in an attempt to provide a rewritten income tax assessment statute, as the Income Tax Assessment Act 1936 was...

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Income tax in Australia

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the Income Tax Assessment Act 1936 and the Income Tax Assessment Act 1997; the former is gradually being re-written into the latter. Taxable income is...

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impose an income tax. They are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less...

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are addressed by anti-avoidance provisions of Part IVA the Income Tax Assessment Act 1936. Dividend stripping by investors has the general advantages...

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ITAA

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ITAA may refer to the following: Income Tax Assessment Act 1997 Income Tax Assessment Act 1936 Information Technology Association of America International...

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federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains,...

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Nhulunbuy

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the purposes of granting tax rebates to residents of isolated areas as per Section 79A(3F) of the Income Tax Assessment Act 1936, the census population...

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Mullens v Federal Commissioner of Taxation

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subscribed for shares in Vamgas would be tax deductible under section 77A of the Income Tax Assessment Act 1936 as it stood at that time. Vamgas shares...

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Dividend tax

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Constitution. 1936-1939: During the Great Depression, dividends were taxed at an individual's income tax rate. 1954: The Tax Reform Act of 1954 created...

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Corporations Act 2001

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than 200 pages long. Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Australian Takeovers Panel Corporations Act 2001, at ComLaw Corporations...

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Commissioner of Taxation v La Rosa

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deduction provisions in the Income Tax Assessment Act 1936 (ITAA36), and thus could be deducted from La Rosa's taxable income. The ATO appealed to the Federal...

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Negative gearing in Australia

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applied to losses as well as income, but this is unclear in the Income Tax Assessment Act 1936. In 1983, the Victorian Deputy Commissioner of Taxation briefly...

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Australian Taxation Office

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year. Table 1.1 ATO net tax collections 2008–09 FY to 2012–13 FY (in $m) Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Australia portal...

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Tax credit

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withholding of income tax or PAYE, withholding of tax at source on payments to nonresidents, and input credits for value added tax. Income tax systems often...

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Federal Commissioner of Taxation v Peabody

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apply the Part IVA general anti-avoidance provisions of the Income Tax Assessment Act 1936. The case was decided in favour of the taxpayer Mary Peabody...

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Municipal trade tax in Germany

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for municipal trade tax purposes, which regularly results in a municipal trade tax assessment amount of 3.5% of the trade income. The municipality entitled...

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Taxation in Canada

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passage of the Assessment Act in 1904. By 1936, some 200 councils ranging in size from Toronto to Blenheim Township were collecting such taxes. Toronto levied...

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Income inequality in the United States

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before taxes and transfers, but is among the highest after taxes and transfers, meaning the U.S. shifts relatively less income from higher income households...

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Slutzkin v Federal Commissioner of Taxation

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interpretation of the section 260 anti-avoidance provisions of the Income Tax Assessment Act 1936, and indirectly in overall dividend stripping operations of...

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Tax protester constitutional arguments

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Tax protesters in the United States advance a number of constitutional arguments asserting that the imposition, assessment and collection of the federal...

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United States Tax Court

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Court". The Tax Court specializes in adjudicating disputes over federal income tax, generally prior to the time at which formal tax assessments are made...

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1996 California Proposition 218

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Tax incentive

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following: Corporate income tax credit Property tax abatement Sales tax exemption Payroll tax refund In Armenia, corporate income tax incentive is available...

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Land value tax

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land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. The land...

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1978 California Proposition 13

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on income. It said that a revenue-neutral Los Angeles County reform which raises all assessments to true market value and lowers the property tax rate...

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Tithe

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church tax, which varies between municipalities. The tax is generally around 1% of the taxable income. Members of state churches pay a church tax of between...

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Joseph Lyons

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the Australian Broadcasting Commission (ABC) in 1932 and the Income Tax Assessment Act 1936. The government's landmark national insurance scheme proved...

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Sales taxes in the United States

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state sales tax when state income tax is filed by an individual or corporation. In May 2013, the Senate passed the Marketplace Fairness Act, which would...

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Division 7A dividend

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Taxation in Australia Division 7A of Part III of the Income Tax Assessment Act 1936 (ITAA 1936). Section 109Y of ITAA. Section 109ZC of ITAA. Section...

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