Section 12‑5 List of provisions about deductions - Income Tax Assessment Act 1997 - 12‑5 List of provisions about deductions

12‑5 List of provisions about deductions

The provisions set out in the table contain rules about specific types of deduction. Provisions of the Income Tax Assessment Act 1997 are identified in normal text. The other provisions, in bold, are provisions of the Income Tax Assessment Act 1936.

accrued leave transfer payments
....................................	26‑10
advance expenditure
generally ................................	82KZL to 82KZO
avoidance arrangements ......................	82KJ
when deductible ...........................	82KZM to 82KZN
Australian apprenticeship support loan
payment made to reduce a debt to the Commonwealth under the Australian Apprenticeship Support Loans Act 2014, no deduction unless provided as fringe benefit	26‑20
Australian IIR/UTPR tax and Australian DMT tax
no deduction .............................	26‑99C
see also tax related expenses
bad debts
deduction reduced because of forgiveness of debt if debtor and creditor are companies under common ownership and agree on the reduction	245‑90
general .................................	25‑35, 63F
companies ...............................	Subdivisions 165‑C, 166‑C and 175‑C
debt/equity swaps ..........................	63E, 63F, 709‑220
deduction of a debt that used to be owed to a member of a consolidated group or MEC group by an entity that used to be a member of the group	Subdivisions709‑D and 719‑I
money lenders, listed country branches, no deductionfor	63D
see also losses
balancing adjustment
see buildings, capital allowances, industrial property, R&D and tax exempt entities
banks
foreign banks, Australian branches of .............

12‑5 List of provisions about deductions12‑5 List of provisions about deductions

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12‑5 List of provisions about deductions