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You are here: Australian Digital Collections / Classic Texts in Australian and International Taxation Law

   
CONTENTS

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PART I. — GENERAL DESCRIPTION OF INCOME-TAX SYSTEM1
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PART II. — METHODS OF TAXING FOREIGN AND NATIONAL ENTERPRISES
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PART III. — METHODS OF ALLOCATING TAXABLE INCOME
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A. FOREIGN ENTERPRISES WITH LOCAL BRANCHES OR SUBSIDIARIES
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I. GENERAL QUESTIONS AND METHODS OF APPORTIONMENT
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II. APPLICATION OF THE METHODS OF ALLOCATION IN SPECIFIC CASES
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(a) INDUSTRIAL AND COMMERCIAL ENTERPRISES
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1. Selling Establishments
   
2. Manufacturing Establishments
   
3. Processing Establishments
   
4. Buying Establishments
   
5. Research or Statistical Establishments, Display Rooms, etc
   
(b) BANKING ENTERPRISES
   
(c) INSURANCE ENTERPRISES
   
(d) TRANSPORT ENTERPRISES
   
(e) POWER, LIGHT AND GAS ENTERPRISES
   
(f) TELEGRAPH AND TELEPHONE ENTERPRISES
   
(g) MINING ENTERPRISES
   
B. NATIONAL ENTERPRISES WITH BRANCHES OR SUBSIDIARIES ABROAD
   
C. HOLDING COMPANIES
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Annex


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3. Processing Establishments

108. Processing establishments have seldom, if ever, come to the attention of the fiscal administration. In principle, however, if materials have undergone some kind of manufacturing process in this country, a certain part of the net profit will be allocated to the establishment where the processing took place.

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