Tax Laws Amendment (Foreign Source Income Deferral) Act (No. 1) 2010 (114 of 2010)
Schedule 1 Repeal of the FIF and deemed present entitlement rules
Part 1 Main amendments
Income Tax Assessment Act 1997
51 Subsection 715-660(1) (table items 1 and 2)
Repeal the table items, substitute:
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1 |
A provision of Part X of the Income Tax Assessment Act 1936 for an irrevocable declaration, election, choice or selection |
Attribution of income in respect of controlled foreign companies |