Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (NO. 2) 1987

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Principal Act  
   4.      Interpretation  
   5.      Principal Act  
   6.      Exemptions  
   7.      Application  
   8.      Principal Act  
   9.      Dividends  
   10.     Rebate on dividends  
   11.     Rebate on dividends paid as part of dividend stripping operation  
   12.     Distributions by liquidator  
   13.     Domestic losses of previous years  
   14.     Interpretation  
   15.      
   16.     Documentary evidence  
   17.      
   18.     Car expenses - exemptions from log book method substantiation  
   19.     Deduction for car expenses where income-producing use exceeds 5,000 kilometres - statutory formula  
   20.     Deduction for car expenses where income-producing use does not exceed 5,000 kilometres - statutory formula  
   21.     Elections  
   22.     Retention, and production, of documents  
   23.     Modified application of Act in relation to certain unit trusts  
   24.     Modified application of Act in relation to certain unit trusts  
   25.     Interpretation  
   26.     Additional tax on undistributed amount  
   27.      
   28.     Sufficient distribution  
   29.     Retention allowance  
   30.     Premiums not assessable income  
   31.     Repeal of section 116AA  
   32.     Interpretation  
   33.     Provisional certificates  
   34.     Determination of content of film  
   35.     Liability to withholding tax  
   36.     Interpretation  
   37.     Receipt of franked dividends  
   38.     Receipt of franked dividends through trusts and partnerships  
   39.     Under-franking  
   40.      
   41.      
   42.     What constitutes franking  
   43.      
   44.     Provisional tax on estimated income  
   45.     Additional tax where income underestimated  
   46.      
   47.     Application and transitional provisions  
   48.     Amendment of assessments  
   49.     Principal Act  
   50.     Interpretation  
   51.     Exemption from tax  
   52.     Deferral of refund of overpaid tax etc.  
   53.     Application  
   54.     Principal Act  
   55.     Acting appointments  
   56.     Amendment of Acts  
   57.     Application of amendments  
   58.     Objects of Part  
   59.     Amendment of Acts  
   60.     Amendment of Acts  
   61.     Transitional provisions relating to annual reports  
   62.     Amendment of Acts  
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4