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DV 19: Association rebates
or “Tax deductions for associations giving rebates to members”
You could also call this:

“Rules for partners to claim deductions in partnerships”

If you are a partner in a partnership, you can get a deduction for money you spend or lose. This deduction comes from how the rules in subpart HG apply to you and your partnership. Subpart HG is about joint venturers, partners, and partnerships. The amount you can deduct depends on how these rules work for your specific situation as a partner.

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Part D Deductions
Expenditure specific to certain entities

DV 20Partners

  1. A person who is a partner is allowed a deduction for expenditure or loss to the extent to which the deduction results from the application of subpart HG (Joint venturers, partners, and partnerships) to them and their partnership.

Notes
  • Section DV 20: inserted, on , by section 10(1) of the Taxation (Limited Partnerships) Act 2008 (2008 No 2).