“Removal of rules about forest land units from tax law”
This section of the law, called ‘Issue of post-1989 forest land units’, used to be part of the Income Tax Act 2007. However, it has been removed from the law. The government took it out on 6 October 2009, but the change applies from 26 September 2008. This means that this part of the law no longer exists and doesn’t affect how taxes work anymore.
CX 48C: Government funding additional to government screen production payments, or
“Additional government funding for screen productions may not be taxable income”
Part C
Income
Excluded income:
Definitions
CX 48BIssue of post-1989 forest land units (Repealed)
Notes
Section CX 48B: repealed (with effect on 26 September 2008), on , by section 58 of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
