INCOME TAX ASSESSMENT ACT 1997 - SECT 11.5 Entities that are exempt, no matter what kind of ordinary or statutory income they have

Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 11.5

Entities that are exempt, no matter what kind of ordinary or statutory income they have

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.

Note: Special rules apply to entities that cease to be exempt. See Schedule 2D to the Income Tax Assessment Act 1936 .

charity, education or science
educational institution, public ...................	50 - 5
registered charity ...........................	50 - 5
scientific institution .........................	50 - 5
scientific research fund .......................	50 - 5
scientific society etc. ........................	50 - 5
community service
community service society etc. ..................	50 - 10
employees and employers
employee association ........................	50 - 15
employer association ........................	50 - 15
trade union ...............................	50 - 15
government
constitutionally protected fund ..................	50 - 25
local governing body ........................	50 - 25
municipal corporation ........................	50 - 25
public authority ............................	50 - 25
state/territory bodies .........................	24AK to 24AZ
health
health benefits organisation ....................	50 - 30
hospital .................................	50 - 30
medical benefits organisation ...................	50 - 30
HIH rescue package
HIH Claims Support Trust ..................	322 - 10
mining
British Phosphate Commissioners Banaba Contingency Fund	50 - 35
primary or secondary resources, and tourism
agricultural society etc. ......................	50 - 40
aviation society etc. .........................	50 - 40
Global Infrastructure Hub Ltd ..................	50 - 40
horticultural society etc. ......................	50 - 40
industrial society etc. ........................	50 - 40
manufacturing society etc. ....................	50 - 40
pastoral society etc. .........................	50 - 40
tourism society etc. .........................	50 - 40
viticultural society etc. .......................	50 - 40
sports, culture or recreation
animal racing society etc. .....................	50 - 45
art society etc. ............................	50 - 45
FÃ©dÃ©ration Internationale de Football Association .....	50 - 45
FWWC2023 Pty Ltd ........................	50 - 45
game society etc. ..........................	50 - 45
ICC Business Corporation FZ - LLC .........	50 - 45
literature society etc. ........................	50 - 45
music society etc. ..........................	50 - 45
sport society etc. ...........................	50 - 45

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