Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 435

    For the purposes of this Part, the gross tainted turnover of a company of a statutory accounting period is so much of the gross turnover of the company of the statutory accounting period as consists of:

  (a)   passive income of the company of the statutory accounting period; or

  (b)   tainted sales income of the company of the statutory accounting period; or

  (c)   tainted services income of the company of the statutory accounting period.