INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 6AAA - Special provisions relating to non-resident trust estates etc.  

Subdivision C - Winding-up of non-resident trust estates in existence on 12 April 1989  

SECTION 102AAQ  

102AAQ   WINDING-UP OF NON-RESIDENT TRUST ESTATES - MODIFIED ACCRUALS SYSTEM OF TAXATION  
Where the conditions set out in subparagraph 102AAN(1)(a)(iv) and paragraphs 102AAN(1)(b) to (e) (inclusive) are satisfied in relation to a trust estate, then, for the purposes of this Division, an entity is not taken to be an attributable taxpayer in relation to:

(a) the year of income of the entity commencing on 1 July 1990; or

(b) the year of income of the entity commencing on 1 July 1991;

and in relation to the trust estate.

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