Income Tax (Exemption and Concessionary Tax Rate for Income from General Insurance Business) Regulations
Table of Contents
1 Citation
2 Definitions
2A Application
3 Approval of insurer
3A Previously approved insurers
4 Approval of marine hull and liability insurer
4A Approval of captive insurer
4B Approval of specialised insurer
4C (Deleted)
5 Concessionary rate of tax for income derived before 1 July 2021 of approved insurer
5A Concessionary rate of tax for income derived on or after 1 July 2021 of approved insurer
5B Concessionary rate of tax for income derived before 1 July 2021 of approved marine hull and liability insurer
5C Concessionary rates of tax and exemption for income derived on or after 1 July 2021 of approved marine hull and liability insurer
5D Concessionary rates of tax for income derived before 1 July 2021 of approved specialised insurer
5E Concessionary rates of tax and exemption for income derived on or after 1 July 2021 of approved specialised insurer
6 Calculation of dividends, interest and gains from sale of offshore investments for approved insurer
6A (Deleted)
7 Income derived before 1 July 2021 of approved marine hull and liability insurer exempt from tax
7A Income derived before 1 July 2021 of approved captive insurer exempt from tax
7AA Income derived on or after 1 July 2021 of approved captive insurer exempt from tax
7B Income derived before 1 July 2021 of approved specialised insurer exempt from tax
8 Apportionment of expenses, allowances and donations in respect of income derived before 1 July 2021
8A Apportionment of expenses, allowances and donations in respect of income derived on or after 1 July 2021
9 Determination of income exempted from tax
Legislative History