Section 9‑5 Entities that work out their income - Income Tax Assessment Act 1997 - 9‑5 Entities that work out their income tax by reference to something other than taxable income

9‑5 Entities that work out their income 9‑5 Entities that work out their income tax by reference to something other than taxable income

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9‑5 Entities that work out their income tax by reference to something other than taxable income

(1) For some entities, some or all of their income tax for the *financial year is worked out as described in the table. 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.

Item	This kind of entity is liable to pay income tax worked out by reference to:	See:
1	A company that was a member of a wholly‑owned group is jointly and severally liable to pay an amount of income tax if a former subsidiary in the group is treated as having disposed of leased plant and does not pay all of the income tax resulting from that treatment.	section 45‑25
1A	The trustee of an attribution managed investment trust (AMIT) is liable to pay income tax on certain amounts reflecting under attribution of income or over attribution of tax offsets	sections 276 405 to 276 425
2	A superannuation provider in relation to a complying superannuation fund is to be assessed and is liable to pay income tax on no‑TFN contributions income as well as on taxable income.	sections 295‑5 and 295‑605
3	A superannuation provider in relation to a non‑complying superannuation fund is to be assessed and is liable to pay income tax on no‑TFN contributions income as well as on taxable income.	sections 295‑5 and 295‑605
4	An RSA provider is to be assessed and is liable to pay income tax on no‑TFN contributions income as well as on taxable income.	sections 295‑5, 295‑605 and 320‑155
5	An Australian resident individual with: eligible foreign remuneration under section 23AF; or foreign earnings under section 23AG;(from working in a foreign country) is liable to pay income tax worked out by reference to his or her assessable income less some of his or her deductions.	section 23AF or 23AG
6	A trustee covered by item 11 in the table in section 9‑1 is liable to pay income tax worked out by reference to the net income of the trust for the income year.	sections 98, 99 and 99A
8	The trustee of a public trading trust is liable to pay income tax worked out by reference to the net income of the trust for the income year.