COV 20/06
Issued
18 Jun 2020

Variation to section EI 1 of the Income Tax Act 2007

This variation supplements COV 20/02 which extends the time under which an election may be made under s EI 1 of the Income Tax Act 2007 to spread timber income by extending the income years to which it applies.

Tax Information Bulletin Vol 32 No 7 - August 2020

Tax Administration Act 1994: ss 6H and 6I
Income Tax Act 2007: s EI 1