Part III - Deductions and timing rules
There are rules that apply to allowable deductions particularly around timing.
Chapter 3 - Introduction
Film industry expenditure is subject to a special deduction regime.
Chapter 4 - Expenditure incurred in acquiring film rights: section DS 1
A deduction for expenditure incurred in acquiring a "film right" is allowed if the film is completed.
Chapter 5 - Film production expenditure: section DS 2
There are provisions and exclusions for deductions for "film production expenditure".
Chapter 6 - Clawback of deductions under film reimbursement schemes: sections DS 3 and DS 4
Deductions otherwise available can be retrospectively clawed back if a person disposes of property under a "film reimbursement scheme".
Date published: 11 Oct 2005
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