Tax Laws Amendment (2007 Measures No. 4) Act 2007 (143 of 2007)

Schedule 1   New foreign income tax offset rules

Part 4   Consequential and other amendments

Income Tax Assessment Act 1997

180   Section 802-40

Omit "credit arose for the entity under section 160AF of the Income Tax Assessment Act 1936", substitute "tax offset arose for the entity under Division 770".