8Royalty value — deductible imposts

8.Royalty value — deductible imposts

The following imposts are excluded from the definition of federal duty in section 145A(3) of the Act —

(a)all taxes, duties, fees, levies and charges already included in the purchase price of goods or services purchased by the permittee, lessee or licensee;

(b)departure tax;

(c)fringe benefits tax;

(d)deductions from salary or wages as required under the Income Tax Assessment Act 1936 of the Commonwealth to enable income tax to be collected from employees by instalments;

(e)deductions from prescribed payments as required under the Income Tax Assessment Act 1936 of the Commonwealth to enable tax to be collected in respect of certain payments for work;

(f)customs import duty;

(g)aircraft landing charge;

(h)training guarantee charge;

(i)superannuation guarantee charge;

(j)contributions under Part 4.2 of the Higher Education Funding Act 1988 of the Commonwealth.

[Regulation 8 inserted: Gazette 20 May 1994 p. 2125‑6.]