Commonwealth Consolidated Acts Commonwealth Consolidated ActsThis Subdivision provides that a sovereign entity is liable to pay tax. It also provides that a body politic (or a foreign government agency) of a foreign country, or part of a foreign country, is treated as being a person that is not a resident of Australia, but is a resident of the foreign country.
Table of sections
Operative provisions
880 - 55 Sovereign entity liable to pay tax
880 - 60 Bodies politic of foreign countries and foreign government agencies treated as foreign residents