Definitions & Acronyms

Interstate Group

Income Tax Assessment Act

An entity has an indirect interest in a corporation if the corporation is linked to another corporation (the directly controlled corporation) in which the entity has a direct interest.

A corporation is linked to a directly controlled corporation if the corporation is part of a chain of corporations: 

(a) that starts with the directly controlled corporation, and 

(b) in which a link in the chain is formed if a corporation has a direct interest in the next corporation in the chain.

A cheque, bill of exchange, promissory note, money order and postal order issued by a post office.

Income Tax Assessment Act 1936 or Income Tax Assessment Act 1997 of the Commonwealth.

The Cocos and Christmas Islands are treated as though they were Western Australia for the purposes of administering payroll tax.