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1.1.T.20 Taxable income

Definition

For the purposes of FA, taxable income has the same meaning as that under tax law.

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

Income Tax Assessment Act 1936 section 6(1)-'taxable income'

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

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