ITAA 1997 s 6-5

Assessable Income: derivation of government grant funds - conditional upon funds being expended

Assessability of salary and wages income derived by German academic working in Australia where initial employment contract for less than two years later extended

Assessable income: Receipt of an 'early repayment benefit' upon early repayment of a fixed interest rate home loan

Assessable income: instalment sales contracts - default profits - carrying on a business

Allowable deduction: instalment sales contract - payment to vacate on default

Assessable income: rebate of ongoing management fees

Derivation of income: residential properties instalment sales contracts - taxpayer not owner of properties

Assessable income: residential properties instalment sales contracts - investor not carrying on a business

Assessability of an act of grace payment

Income Tax: business of subdivision - time when land becomes trading stock

Assessability of a reversionary bonus from a foreign life policy

Portfolio transfer of general insurance liabilities: consideration received by a general insurance company in respect of deferred acquisition costs

Portfolio transfer of general insurance liabilities: consideration received in respect of reinsurance recoveries under cancelled reinsurance contract

Portfolio transfer of general reinsurance liabilities: receipt of refund of reinsurance premiums under cancelled reinsurance contract

Portfolio transfer of general insurance liabilities: amount received by taxpayer to assume outstanding claims liability of a general insurance company

Portfolio transfer of general insurance liabilities: receipt of refund of exchange commissions in respect of cancelled reinsurance contract

Assessability of payments made by a government authority under a capital support fund

Assessability of employment income received by an Australian resident for service aboard a Swiss ship operated in international waters

Austrian resident working in Australia for less than 183 days in an income year

Austrian resident working in Australia for a period of more than 183 days in a year of income