Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 2   Amendments commencing first day of the next quarter

Taxation Administration Act 1953

125   After paragraph 12-395(3)(ab) in Schedule 1

Insert:

(ac) must specify the extent (if any) to which the payment is, or is attributable to, an amount that would be non-concessional MIT income if the following provisions were disregarded:

(i) subsection 12-437(5);

(ii) sections 12-440, 12-447, 12-449 and 12-451; and