Australian Government

Federal Register of Legislation

Administrative Arrangements Order - 13 May 2025

The Register has been updated to take into account the recent Administrative Arrangements Order [C2025Q00003] changes made on 13 May 2025.

Income Tax Assessment (1997 Act) Regulations 2021

In force

Administered by

Department of the Treasury

This item is authorised by the following titles:

Superseded version

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F2024C00767 (C10)

17 August 2024 - 06 December 2024

Table of contents

Chapter 1—Introduction and core provisions
- 1 Name
- 3 Authority
Chapter 2—Liability rules of general application
Chapter 3—Specialist liability rules
- Part 3 30—Superannuation
- Part 3 45—Rules for particular industries and occupations
  - Division 393—Farm management deposits
    - Subdivision 393 B—Meaning of farm management deposit and owner
  - Division 418—Exploration for minerals
    - Subdivision 418 DA—Exploration credits allocation
      - 418 103.01 Meaning of annual exploration cap—2023 24 income year
      - 418 103.02 Meaning of annual exploration cap—2024 25 income year
Chapter 4—International aspects of income tax
- Part 4 5—General
  - Division 775—Foreign currency gains and losses
    - Subdivision 775 B—Realisation of forex gains or losses
      - 775 145.01 Application of forex events to currency and fungible rights and obligations
  - Division 830—Foreign hybrids
    - Subdivision 830 A—Meaning of “foreign hybrid”
      - 830 15.01 Foreign hybrid company
Chapter 6—The Dictionary
- Part 6 1—Concepts and topics
  - Division 960—General
    - Subdivision 960 C—Foreign currency
      - 960 50.01 Translation of foreign currency amounts into Australian currency—modification of special translation rules
    - Subdivision 960 D—Functional currency
  - Division 974—Debt and equity interests
    - Subdivision 974 F—Related concepts
- Part 6 5—Dictionary definitions
  - Division 995—Definitions
Chapter 7—Transitional matters
Schedule 1A—Method of working out amount of notional taxed contributions
Schedule 1AA—Working out defined benefit contributions
Schedule 1B—Valuation factors
- 1 Income stream valuation factors
- 2 Lump sum valuation factors
Schedule 1C—Farm management deposits—statements to be read by depositors
Schedule 2—Translation of currency amounts—rules and other requirements
- Part 1—Rules and requirements for item 12 of the table in subsection 960 50(6) of the Act
- Part 2—Translation of foreign currency amounts into Australian currency—rules and requirements for item 11A of the table in subsection 960 50(6) of the Act
  - 4 Exchange rate—consistency with an entity’s financial records
Schedule 3—Approved stock exchanges
- 1 Approved stock exchanges
- Endnotes