Use Appendix 15 to work out exploration credits.
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, see What to do when you receive exploration credits.
Return to: Appendixes
Instructions for use by partnerships to assist with completion of 2022 tax return.