IS 15/01
Issued
28 Aug 2015

Income tax - tax exempt scholarships and bursaries - S CW 36

This interpretation statement sets out the Commissioner’s view of how the exemption in s CW 36 of the Income Tax Act 2007 should be interpreted and applied. Section CW 36 exempts some scholarships and bursaries from income tax. This interpretation statement updates and replaces “Exempting a scholarship from income tax”, Tax Information Bulletin Vol 5, No 6 (November 1993): 7.