Part D
Deductions
Specific rules for expenditure types
DB 69Amount of resale royalty retained by collection agency
This section applies to a person—
- who receives a resale royalty under section 18 of the Resale Right for Visual Artists Act 2023; and
- to whom section CC 9B (Resale royalties) applies.
The person is allowed a deduction for the amount of the resale royalty retained by the collection agency under section 20 of the Resale Right for Visual Artists Act 2023.
This section supplements the general permission.
Notes
- Section DB 69: inserted (with effect on 1 December 2024), on , by section 39 of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).