Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 32.35

Seminar expenses

 

Seminar expenses

Item

Section   32 - 5 does not stop you deducting a loss or outgoing for ...

But the exception does not apply if ...

2.1

providing food, drink, accommodation or travel to an individual (including yourself) that is reasonably incidental to the individual attending a * seminar that * goes for at least 4 hours.

(a) the seminar is a * business meeting; or

(b) the * seminar's main purpose is to promote or advertise a * business (or prospective * business) or its goods or services; or

(c) the * seminar's main purpose is to provide * entertainment at, or in connection with, the seminar.



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