This Taxation Determination, released on Wed 28.1.2015, states that a payment received by a personal services entity (PSE) from a service acquirer during a period [when] the service provider is not providing services to the acquirer, until further called upon, is personal services income (PSI) within the meaning of s 84-5(1) of the ITAA 1997. It was previously issued as Draft Taxation Determination TD 2014/D15 and is the same.

DATE OF EFFECT: Applies both before and after its date of issue.

[LTN 17, 28/1/15]