Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 85.15

Deductions for rent, mortgage interest, rates and land tax

                   You cannot deduct under this Act an amount of rent, mortgage interest, rates or land tax:

                     (a)  for some or all of your residence; or

                     (b)  for some or all of your * associate's residence;

to the extent that the amount relates to gaining or producing your * personal services income.



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