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Appendix 15: Exploration Credits

Last updated 11 February 2019

Where a partnership is issued with exploration credits in an income year they may pass the exploration credits to their members. To be entitled to benefit from exploration credits, the member must be an Australian resident for the whole of the income year.

Special rules apply to a partner who receives exploration credits from a partnership. For more information, refer to what to do when you receive exploration credits.

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