CTHRepealedAct
Dairy Produce Act 1986
75DSAP and SDA payments taken to be subsidies for the purposes of section 15‑10 of the Income Tax Assessment Act 1997
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#### 75 DSAP and SDA payments taken to be subsidies for the purposes of section 15‑10 of the Income Tax Assessment Act 1997
To avoid doubt, for the purposes of section 15‑10 of the Income Tax Assessment Act 1997, a DSAP payment or an SDA payment received by an entity is taken to be a subsidy received by the entity in relation to carrying on a business.
> Note: Section 15‑10 of the Income Tax Assessment Act 1997 provides that an entity’s assessable income includes a subsidy received in relation to carrying on a business.