Legislation

ITAA 1997 s 159J has now been replaced by Subdivision 61 A

ATO documents that consider ITAA 1997 s 159J has now been replaced by Subdivision 61 A

1 document

Income tax: can the value of an annuity contract be amortised over the effective life of the annuity and the amortisation expense deducted from the annuity income when calculating the separate net income of a dependant under section 159J of the Income Tax Assessment Act 1936 ?