Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 32.40

Entertainment industry expenses

 

Entertainment industry expenses

Item

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

But the exception does not apply if ...

3.1

providing * entertainment for payment in the ordinary course of a * business that you carry on.

 

3.2

providing * entertainment in performing your duties to your employer who carries on a * business that includes providing that entertainment for payment.

 



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