New International Tax Arrangements (Participation Exemption and Other Measures) Act 2004 (96 of 2004)

Schedule 2   Foreign branch income, non-portfolio dividends and listed countries

Part 5   Listed countries: consequential amendments

Income Tax Assessment Act 1936

118   Subsection 384(1)

Omit "a non-broad-exemption listed country", substitute "an unlisted country".

Note: The heading to section 384 is replaced by the heading " Additional assumption for unlisted country CFC ".