CTHIn ForceAct
Income Tax Assessment Act 1997
2‑15 When terms are not identified2‑15 When terms are not identified
Start here
Get a plain-English read of 2‑15 When terms are not identified
Turn the raw legal text into a practical explanation grounded in Income Tax Assessment Act 1997.
2‑15 When terms are not identified
(1) Once a defined term has been identified by an asterisk, later occurrences of the term in the same subsection are not usually asterisked. (2) Terms are not asterisked in the non‑operative material contained in this Act.
Note: The non‑operative material is described in Subdivision 2‑E.
(3) The following basic terms used throughout the Act are not identified with an asterisk. They fall into 2 groups: Key participants in the income tax system
| Item | This term: | is defined in: |
|---|---|---|
| 1. | Australian resident | section 995‑1 |
| 2. | Commissioner | section 995‑1 |
| 3. | company | section 995‑1 |
| 4. | entity | section 960‑100 |
| 4A. | foreign resident | section 995‑1 |
| 5. | individual | section 995‑1 |
| 6. | partnership | section 995‑1 |
| 7. | person | section 995‑1 |
| 8. | trustee | section 995‑1 |
| 9. | you | section 4‑5 |
Core concepts
| Item | This term: | is defined in: |
|---|---|---|
| 1. | amount | section 995‑1 |
| 2. | assessable income | Division 6 |
| 3. | assessment | section 995‑1 |
| 3A. | Australia | Subdivision 960‑T |
| 4. | deduct, deduction | Division 8 |
| 5. | income tax | section 995‑1 |
| 6. | income year | section 995‑1 |
| 7. | taxable income | section 4‑15 |