DT2653 | Double Taxation Relief Manual: Australia: Admissible taxes

The following Australian taxes are admissible for credit in the UK under the convention:

• income tax (including the additional tax on the undistributed amount of the distributable income of a private company)

• fringe benefits tax from 1st April 2004. (See DT2659A)

• petroleum resource rent tax (PRRT) from 1st July 2004

The following Australian taxes are admissible for credit under unilateral relief:

• Victorian taxation equivalent, to the extent that it is calculated by reference to Australian (that is, federal) income tax

The following Australian taxes are inadmissible under the convention:

• fringe benefits tax up to 30th June 2004. (See DT2659A)

• petroleum resource rent tax (PRRT) up to 31st March 2004

• financial institutions duty (New South Wales)

• New South Wales land tax