Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 240.55

Arrangement payments not to be deductions

                   The * notional buyer is not entitled to deduct * arrangement payments that the * notional buyer makes under the * arrangement, but those payments are taken into account in calculating * notional interest that may be deducted under section 240-50.

Table of sections

Operative provisions

240-60      Notional interest

240-65      Arrangement payments

240-70      Arrangement payment periods

Operative provisions



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