Part 4Net telecommunications sales revenue

Part 4 — Net telecommunications sales revenue

24 Purpose of Part

(1) After working out the participating person’s gross telecommunications sales revenue for the eligible revenue period, the next step is to work out the participating person’s net telecommunications sales revenue for that period by deducting amounts from the gross telecommunications sales revenue. (2) This Part sets out how the participating person’s net telecommunications sales revenue for the eligible revenue period is worked out.

25 Deductions—overseas activities

(1) Deduct each amount of revenue that: (a) is telecommunications sales revenue that was earned by the participating person, or a consolidated related party of the participating person, from overseas activities; and (b) is part of the participating person’s gross telecommunications sales revenue; and (c) the participating person wants to deduct. (2) Also deduct each amount of revenue that: (a) is telecommunications sales revenue that was earned by a declared related party of the participating person from overseas activities; and (b) is equal to the result of multiplying the whole amount of that revenue by the declared related party factor for that party; and (c) is part of the participating person’s gross telecommunications sales revenue; and (d) the participating person wants to deduct. (3) However, the participating person may not use subsection (1) or (2) to deduct an amount earned from supplying to or from Australia a carriage service mentioned in paragraph 16(1)(b) or (c) of the Telecommunications Act. (4) In this section:

overseas activities means any of the following acts that were carried out outside Australia:

(a) supplying a carriage service, in a place outside Australia, that originates and terminates outside Australia;
(b) supplying goods or services, in a place outside Australia, for use in connection with a carriage service that originates and terminates outside Australia;
(c) supplying a content service, in a place outside Australia, using a carriage service that originates and terminates outside Australia;
(d) manufacturing customer equipment or customer cabling in a place outside Australia;
(e) importing, into a place outside Australia, customer equipment or customer cabling that is manufactured in a place outside Australia;
(f) installing, maintaining, operating or providing access to a telecommunications network, or a facility, that:
(i) is located in a place outside Australia; and
(ii) is used to supply a carriage service that originates and terminates outside Australia.

Note: An example of revenue earned from overseas activities is revenue earned from calls made using a global roaming service that originate and terminate outside Australia.