Income Tax Assessment Act 1997
CHAPTER 3
-
SPECIALIST LIABILITY RULES
PART 3-10
-
FINANCIAL TRANSACTIONS
Division 245
-
Forgiveness of commercial debts
Subdivision 245-E
-
Application of net forgiven amounts
General operative provisions
SECTION 245-100 245-100 Subdivision not to apply to calculation of attributable income
This Subdivision does not apply to the calculation of:
(a) attributable income of a non-resident trust estate within the meaning of section 102AAB of the Income Tax Assessment Act 1936 ; or
(b) *attributable income of a *CFC.
View history note
Hide history noteSECTION 245-100 245-100 Subdivision not to apply to calculation of attributable income
This Subdivision does not apply to the calculation of:
(a) attributable income of a non-resident trust estate within the meaning of section 102AAB of the Income Tax Assessment Act 1936 ; or
(b) *attributable income of a *CFC.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.