s 32

Exemption from taxation—CSC

In force

CSC generally exempt from taxation

(1)

CSC is not subject to taxation under a law of the Commonwealth, except:

(a)

as provided by this section; or

(b)

under a law prescribed by the regulations.

(2)

CSC is not subject to taxation under a law of a State or Territory, except under a law prescribed by the regulations.

CSC subject to taxation—income tax

(3)

CSC is subject to taxation under the Income Tax Assessment Act 1936 and the Income Tax Assessment Act 1997, except in relation to:

(a)

any payment to CSC in relation to which an amount is debited from the Account; or

(b)

any payment to CSC of money appropriated by the Parliament for the purposes of CSC.

CSC subject to taxation—goods and services tax

(4)

CSC is subject to taxation under the A New Tax System (Goods and Services Tax) Act 1999.

CSC subject to taxation—fringe benefits tax

(5)

CSC is subject to taxation under the Fringe Benefits Tax Assessment Act 1986.

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