1.1.T.20 Taxable income

Definition

For the purposes of FA, taxable income has the same meaning as in the Income Tax Assessment Act 1936.

Act reference: FAAct section 3(1)-'taxable income'

Income Tax Assessment Act 1936 refer to section 6(1) Definitions - taxable income

Income Tax Assessment Act 1997 refer to Part 1-3 Core Provisions, Division 4 How to work out the income tax payable on your taxable income

Last reviewed: 11 May 2015