INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIAA - FRANKING OF DIVIDENDS  

Division 7B - Tainted share capital accounts  

Subdivision A - Tainting and untainting accounts, and distributions from tainted accounts  

SECTION 160ARDO  

160ARDO   UNTAINTING TAX DOES NOT CAUSE FRANKING CREDIT  
The payment of untainting tax as a result of an election under section 160ARDR or 160ARDW does not give rise to a franking credit.