CTHIn ForceAct
Income Tax Assessment Act 1997
32‑15 No deduction for property used for32‑15 No deduction for property used for providing entertainment
Start here
Get a plain-English read of 32‑15 No deduction for property used for
Turn the raw legal text into a practical explanation grounded in Income Tax Assessment Act 1997.
#### 32‑15 No deduction for property used for providing entertainment
To the extent that you use property in providing \*entertainment, your use of the property is taken not to be for the \*purpose of producing assessable income if section 32‑5 would stop you deducting a loss or outgoing if you incurred it in the income year in providing the entertainment.
> Note: Under some provisions of this Act, in order to deduct an amount for your property, you must have used the property for the purpose of producing assessable income.